Company law
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2013
Dear Sir,
A foreign Company would like to acquire more than 51% (ie. 95%) of Shares in a Pvt ltd Company.
1) Is it possible?
2) What is the procedure to transfer the shares, if they want to pay foreign currency?
4) Is there any procedure with RBI, ROC, etc?
3) is IE code compulsory?
A foreign Company would like to acquire more than 51% (ie. 95%) of Shares in a Pvt ltd Company.
1) Is it possible?
2) What is the procedure to transfer the shares, if they want to pay foreign currency?
4) Is there any procedure with RBI, ROC, etc?
3) is IE code compulsory?
23 August 2013
Hi
I will suggest you to read master circular on FDI issued by RBI on July 1, 2013, it has given details on it.
http://www.rbi.org.in/scripts/BS_ViewMasCirculardetails.aspx?id=8104
I will suggest you to read master circular on FDI issued by RBI on July 1, 2013, it has given details on it.
http://www.rbi.org.in/scripts/BS_ViewMasCirculardetails.aspx?id=8104
Message likes :
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Querist : Anonymous
Querist :
Anonymous
(Querist)
27 August 2013
Thank you sir
27 August 2013
My pleasure..........
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