liasioning office (LO)( RBI general permission)
This query is : Resolved
24 June 2009
can LO of foreign co. open other offices in india without permission/intimation to RBI.whether there is separate permission(in Form-FNC-1) of RBI required?????
24 June 2009
Yes for LO one needs specific prior approval of RBI.
24 June 2009
yes u need to take permission from RBI
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