Share issuance to foreign company
This query is : Resolved
Querist : Anonymous
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 ?
09 September 2013
I will suggest you to read Master Circular on FDI issued by RBI.
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