Share issue to Foreign Individuals & Foreign Co.


This query is : Resolved 

(Querist)
15 January 2010 Whether shares can issued to foreign individals & foreign company ? If so what is the maximum % limit for issue of shares to them ?




Rasesh (Expert)
15 January 2010 Depends on the nature of the industry. Kindly verify the concerned policy issued by the Dept. of Industrial Policy.


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