An indian based comapny can lend the money from Foreign company for its working capital.
If it can. Please suggest ...
Nagaraju Pogula (Partner) (175 Points)
22 February 2008An indian based comapny can lend the money from Foreign company for its working capital.
If it can. Please suggest ...
C.A. Sanjay Bhatia
(CA)
(496 Points)
Replied 22 February 2008
Ruchika Gupta
(Chartered Accountant)
(247 Points)
Replied 23 February 2008
Nagaraju Pogula
(Partner)
(175 Points)
Replied 26 February 2008
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7014 Points)
Replied 02 April 2011
The ECB guidelines donot permit loan for working capital purposes
rvsekar2000
(212 Points)
Replied 20 June 2011
Hello,
Please click the following link to know more about the subject:
https://rvseckarfema.blogspot.com/2010/09/can-ecb-raised-for-repayment-of-term.html
Regards
R.V..Seckar
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
