Foreign subsdiary investing in indian holding company
This query is : Resolved
01 February 2016
1.An Indian Private Limited Company is holding a 100% subsdiary in a foreign country.
2.Direcotrs in both the companies are same.
3.Can this Foreign subsdiary give loans to Indian Holding Company ?
a)What are the implications under Companies Act 2013
b) How about RBI regulations. It is Automatic or RBI approval is required
2.Direcotrs in both the companies are same.
3.Can this Foreign subsdiary give loans to Indian Holding Company ?
a)What are the implications under Companies Act 2013
b) How about RBI regulations. It is Automatic or RBI approval is required
CS Divesh Goyal
(Expert)
02 February 2016
Yes can give loan but follow RBI compliances:
Loan from foreignor to india fall under ECB Guidelines.
You have to follow ECB Guidelines
Loan from foreignor to india fall under ECB Guidelines.
You have to follow ECB Guidelines
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