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Share issuance to foreign company

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 September 2013 Can an Indian company issue shares to foreign company for technology collaboration without receiving cash into its bank account. Whether this is allowed as per FDI ?
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Ajay Mishra

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Ajay Mishra (Expert)
09 September 2013 I will suggest you to read Master Circular on FDI issued by RBI.
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