Dear All,
Please clarify the following,
One foreign company hods 100% share of two separate indian company.
If one indian company receives loan from other indian copmany, is it will amounts to ECB and FEMA will apply?
Regards..........
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Ecb
Replies (1)
Hi Shahad,
As per my view in such a case ECB guidlines and FEMA will not apply.
Thanks & Regards
Amit Mishra
www.mycorporate.in
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