Investment in equity of pvt ltd co by an nri from nro acc

This query is : Resolved 

23 November 2015 Can an NRI make investment in a private limited company equity shares from his/her NRO account.

Is there any FEMA regulations in this reg.

23 November 2015 FEMA regulations permit NRI to make investment in a private limited company equity from his NRO account subject to sector wise limits on FDI.


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