Requirements of oci to invest in asset reconstruction co.?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 January 2013
Sir/Madam,
An OCI(overseas Citizenship of India) would like to invest in Asset Reconstruction Company.The company is Public Company.
What are the requirements to be fulfilled by OCI to invest in the public Co.?How the remittance of funds is to be invested in the public co.?
An OCI(overseas Citizenship of India) would like to invest in Asset Reconstruction Company.The company is Public Company.
What are the requirements to be fulfilled by OCI to invest in the public Co.?How the remittance of funds is to be invested in the public co.?
15 August 2013
It can be via automatic / direct route.shall satisfy the rbi limtations on that. Fair valuation of share certificate is reqd. From the auditor.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- TDS related Query_Liquidated Damages
- Long Term Service award taxability in hands of company
- Free lancer income
- NON- SUBMISSION OF LLP FORM 3
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
