Transfer of Share To Non Resident Company
This query is : Resolved
05 September 2022
A is a foreign company based in USA, with operation only in USA . B is pvt ltd company incorporated in india. A owns 49% share of B. B Requires A to support its working capital requirements. Check most correct answer:
1. A and B enter a loan agreement after which the funds can be freely transferred
2. A and B Must follow the external commercial borrowing Guidelines
3. A and B Must comply with Foreign Direct Investment Guidelines
4. B can only borrow money from India an Indian Bank
Plz reply
Thanks
1. A and B enter a loan agreement after which the funds can be freely transferred
2. A and B Must follow the external commercial borrowing Guidelines
3. A and B Must comply with Foreign Direct Investment Guidelines
4. B can only borrow money from India an Indian Bank
Plz reply
Thanks
CA R SEETHARAMAN
(Expert)
06 September 2022
2. A and B Must follow the external commercial borrowing Guidelines.
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