Hi,
If a Pvt. Ltd company is taking ECB from its holding company. what is the procedure and docs require? And an indian company is giving loan to its subsidiary company abroad then what is the procedure.?
thanks
RAVI
A K Singh
(Service (Legal))
(59 Points)
Replied 28 May 2008
1. Loan agreement (interest, period , repayment etc)
2. ECB guideline compliance, whether automatic route or prior approval route.
3. apply to RBI in form 83 for Loan registration number.
4. file each month ECB -2 retrun by 7th of next month.
Regard
amit
Shreyalmuri
(CA Final)
(236 Points)
Replied 29 May 2008
CAclubindia
