FEMA regulation Act. for inward remitance
This query is : Open
18 July 2026
Dear Sir,
My Grand father did Investment in financial company in 1985 in Jersey UK. now that company is liquidated and I have received some fund as dividend and big amount of fund as shareholder's stake agaist investment in India . I am resident Indian.
We had intimated to RBI in 1985 about our investment and RBI issued us certificate in 1985 for said investment.
My bank is not crediting fund in my Bank account and asking to submit FC form . I have submitted all document which is proving our investment did in 1985.
I have checked on google FC form is not applicable to me. Just my bank (AD) has to inform RBI about received fund only.
Please advise whot process I have to follow up?
Thanking you
Girish Limbachiya
My Grand father did Investment in financial company in 1985 in Jersey UK. now that company is liquidated and I have received some fund as dividend and big amount of fund as shareholder's stake agaist investment in India . I am resident Indian.
We had intimated to RBI in 1985 about our investment and RBI issued us certificate in 1985 for said investment.
My bank is not crediting fund in my Bank account and asking to submit FC form . I have submitted all document which is proving our investment did in 1985.
I have checked on google FC form is not applicable to me. Just my bank (AD) has to inform RBI about received fund only.
Please advise whot process I have to follow up?
Thanking you
Girish Limbachiya
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