FEMA/COMPANY LAW
This query is : Resolved
04 July 2011
Dear All,
1.) what do you mean by non repatriable equity shares?? what is its implications???
2.) can a shareholder be given an exclusive new folio number for holding only non repatriable equity shares??? if he already has a folio number and holds some equity shares.
kindly advice.
Regards
Abhijit
Dear All,
1.) what do you mean by non repatriable equity shares?? what is its implications???
2.) can a shareholder be given an exclusive new folio number for holding only non repatriable equity shares??? if he already has a folio number and holds some equity shares.
kindly advice.
Regards
Abhijit
07 July 2011
Non repatriable equity shares are issued to NRI's who bring in money in Indian Company on non repatriation basis.
Yes it is preferable,but in present case the same folio number should be used.
Anuj
0-9810106211
Yes it is preferable,but in present case the same folio number should be used.
Anuj
0-9810106211
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