Fdi


This query is : Resolved 

29 September 2014 Hello Sir,

I have a query regarding FDI.
Can a non-listed Indian private limited company issue 99% or 100% share capital to a NRI? The Indian company is providing accounting service to overseas entity.

Please let me know.

Thanks in advance
Mahendra

02 October 2014 yes it can...not restricted under FDI policy....


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