can an indian company invest in a foreign company. ??
This query is : Resolved
27 September 2016
dear experts. please clarify wethers an indian company can invest in a foreign company ?? if yes what are the limits for transferring the same. does it require a prior RBI approval ??.
your reply shall be helpful
27 September 2016
Yes, an Indian Company can invest in Foreign Company subject regulations of FEMA (Overseas Direct Investment). Kindly refer FAQs given in following link.
https://rbi.org.in/Scripts/FAQView.aspx?Id=32
https://rbi.org.in/Scripts/FAQView.aspx?Id=32
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