Foreign direct investment


This query is : Resolved 

12 December 2012 Hello friends.. Our 1 of Clients is planning to invest FDI in Indian Agricultural Land, not directly but by purchasing the shares of that company which is having Agricultural Land as one of its major Assest or i should say only Assest. Now my question is that is it possible for an foreign individual to purchase these shares or is there is any restrictions in this..?? Thanx in advance.

12 December 2012 Hi

Purchase of shares is permitted but not in agricultural land.For more details go to the following link:

https://www.caclubindia.com/articles/note-on-foreign-direct-investment-in-india-13412.asp

14 December 2012 Thanku Ajay..

14 December 2012 My Pleasure Mam..................


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