FII whether Person resident in India


This query is : Resolved 

08 May 2008 Dear All,

I would like to know whether FIIs are person resident in India or not as per FEMA ?

Regards
Harish

08 May 2008 Dear Hari,

FII aere not residents of India as per FEMA.

They are people coming from abroad and investing in India.

The full form of FII speaks for itself , Foreign Institutional Investors.

08 May 2008 Dear Amit,

Whether as per provisions of Sec 2(v) (iii)of FEMA will FIIs be Person resident in India ?

Regards
Harish

12 May 2008 Yes hari, they would not be residents of India.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

K R Kiran Kumar & Associates

Bengaluru

CA Inter

View Details
Company
11 August 2026
Chartered Accountant

Aviv Global Pvt Ltd

Ahmedabad

CA

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details