CA CS Certificate with FC GPR for bonus issue

Dear Ms. Shabnam ji,

Yes According to me it’s required.  This reporting was come in force from 2008. Notification attached plz see para 6B.

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dear shabnamji,

It is required. Stock Exchange will not give u listing approval if you do not submit the said form.

Hi All!

I also have the same query. When the Company is issuing equity shares to NRIs as a consideration for the advisory services provided by them, foreign remittances are not coming in India then is it mandatory to file FC GPR Part A? If yes, what are the docs we need to submit?

Whether FIPB approval is required or Automatic approval will do?

Kindly clarify.

hi

i have one query related to FC-GPR

I want to know whats the penalty if form is filled after one year?

And also whats the penalty,if any, for Form FC-GPR Part-II, if not filled?

Is it necessary to Form FC-GPR Part II?

Please guide me

The penalty is upon the discretion of RBI officials which can range from 100% to 300% of the amount involved.

The compounding route by RBI shall be right thing to go for you.

If you are talking of FCGPR-PartB then yes the filing of the same is compalsary .