Fema regulations
This query is : Resolved
05 January 2016
Can foreign money received from shareholders be used for investment in land?
05 January 2016
Under FEMA NRI can not invest in any immovable property for trading purpose taking share capital from shareholder and invest it in immovable property would be non compliance of FEMA regulations however if company is not trading in immovable property then can use such money
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