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Procedure of Setting up a Joint Venture

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(Querist)
31 August 2009 Hello Sir,
My client (Domestic Co.) wants to set up a Joint venture (Pvt. Ltd. Co.) with a foreign company with foreign Co. having a stake of 51 %. The authorised capital is proposed to be Rs.10 Cr.
I dont no the procedure , rules regarding FDI & other compliance regarding it.
& since the authorized capital is Rs. 10 Cr do i need the permission of the FIPB ( Foreign Investor Promotion Board )
Plz send me some data & specific links for it.
Reply urgent.
Thanks in advance
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Shaurya

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Shaurya (Expert)
23 September 2009 Hi Kintan,

This is a high end work and requires various permissions, documentation and compliance of other FEMA formalities. U can contact me on shauryamitra@gmail.com

Regards,

Shaurya
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