Easy Office
LCI Learning

Fema act

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 October 2011 Respected Sir,

Some of Non Residnet person has aplied for share capital in ABC Ltd. as under:-
Mr. A on 17.10.2008, Rs. 67,50,000/- INR

Mr B on 19.12.2008 Rs. 52,00,000/-

Mr C on 19.12.2008 Rs. 51,00,000/-

The Company has kept the above amount in share premium A/c and now
desire to allot shares. What formalities is required to be completed
. Please advise




*N. Patidar & Co
Chartered Accountants
1, Balaji Market, Kamal Chowk
NEEMUCH (M.P.) 458441
Mobile 09425106735 9425923135*
Profile Image

CA. Anuj Gupta

Profile Image

CA. Anuj Gupta (Expert)
14 October 2011 Kindly check whether the money has come on repatriation basis or non repatriation basis.


Anuj
+91-9810106211
femaquery@gmail.com
Profile Image

N. Patidar

Profile Image

N. Patidar (Querist)
16 January 2012 Money has come on non repatriation basis




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links