Ecb

Pvt ltd 368 views 1 replies

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..........

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


CCI Pro

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