FDI in real estate

Dear Friends,

Can Share application money which has came into the Company as FDI be invested in liquid money market? Can Company earn income out of such share application money?

This is for real estate Company.

Pls. comment asap.

Thanks,

 

Ashish

 

 

 

Replies (1)

Please clarify on the status of the company, public/pvt, listed/unlisted.

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