Foreign Investment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 February 2011
What are the legal formalities when foreigners invest in indian company and how it should be incorporated in Minutes?
What are the Companies duty and how it can fulfill it?
Please help me out and tell me the section of these queries.
What are the Companies duty and how it can fulfill it?
Please help me out and tell me the section of these queries.
05 February 2011
1. A Non resident entity can invest in India subject to FDI Policy.
2. The Capital Instrument should be issued within 180 days from the date of receipt of inward remittance.
3. Issue Price of the Shares will be in accordance with the Guidelines issued by the erstwhile Controller of Capital Issue. ( CCI)in vase of unlisted Company.
4. Need to comply with the all the Compliances related to " Transfer or Issue of Security to person resident outside India"
5. There is a proper reporting system in two stages after receipt of Investment from the Foreign Company.( by the Indian Entity)
2. The Capital Instrument should be issued within 180 days from the date of receipt of inward remittance.
3. Issue Price of the Shares will be in accordance with the Guidelines issued by the erstwhile Controller of Capital Issue. ( CCI)in vase of unlisted Company.
4. Need to comply with the all the Compliances related to " Transfer or Issue of Security to person resident outside India"
5. There is a proper reporting system in two stages after receipt of Investment from the Foreign Company.( by the Indian Entity)
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