source for funds, urgent
This query is : Resolved
06 April 2009
Hello everyone,
pls resolve my query-
Our co is a jointventure pvt. co. in whch Foreign stake is 51% and indian holding is 49%. there is amount of Rs. 1.5 crore which the company is liable to pay to Bank and the co has no funds to repay this amount. now my query is this-
what are the alternatives through which our co can receive funds from our foreign as well as indian holding co.? the only alternate is to issue equity shares or we can issue preference shares also? or if both which one is better and what is indepth procedure for the same?
or if there is any other easisest solution kindly let me know, its very urgent.megha.gupta
Trainee eMind !
Posts: 9
Joined: 01 Jan 1970 00:00
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pls resolve my query-
Our co is a jointventure pvt. co. in whch Foreign stake is 51% and indian holding is 49%. there is amount of Rs. 1.5 crore which the company is liable to pay to Bank and the co has no funds to repay this amount. now my query is this-
what are the alternatives through which our co can receive funds from our foreign as well as indian holding co.? the only alternate is to issue equity shares or we can issue preference shares also? or if both which one is better and what is indepth procedure for the same?
or if there is any other easisest solution kindly let me know, its very urgent.megha.gupta
Trainee eMind !
Posts: 9
Joined: 01 Jan 1970 00:00
Private messageE-mail
06 April 2009
You are informing that you have to pay to bank. Whether the due is because of LC or Term Loan. If it is a term loan you can request for extending the due date. If it is a LC then you have to compulsorily pay.
If your company is falling under automatic route of investment, then receiving the funds by way of equity is good from foreign parter.
Alternatively you can raise an loan from indian company and can repay them when you receive the money.
You have to take the step considering what will be your inflow of cash for next 6months.
If your company is falling under automatic route of investment, then receiving the funds by way of equity is good from foreign parter.
Alternatively you can raise an loan from indian company and can repay them when you receive the money.
You have to take the step considering what will be your inflow of cash for next 6months.
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