RBI approval and FDI policy
This query is : Resolved
29 June 2011
Hi,
An NRI want to invest in the equity shares of a company doing the business of agriculture. The funds will be transferred in Indian rupees
What are the procedures to be followed by the NRI for transfering the funds and by the company on accepting the funds.
Please advice.
An NRI want to invest in the equity shares of a company doing the business of agriculture. The funds will be transferred in Indian rupees
What are the procedures to be followed by the NRI for transfering the funds and by the company on accepting the funds.
Please advice.
30 June 2011
The answer shall depend on two factor:-
What do you mean by business of agriculture???
Also whether the funds are invested on repatriation basis or otherwise.
Anuj
0-9810106211
What do you mean by business of agriculture???
Also whether the funds are invested on repatriation basis or otherwise.
Anuj
0-9810106211
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