Foreign Direct Investment

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Hello everyone
 
Can anyone please provide me the checklist and the relevant rules and regulations to be adhered to in case of issue of shares to the foreign Company.
 
The case is , company wants to issue shares agianst the technical service received from its foreign co , which is its promoter. the Indian co is a wholly owned sub of the foreing co.
 
plz provide me in detail a checklist for the same.
 
regards
Neeta
Replies (1)

Dear Neeta,

 

plz check FEM ( Transfer or issue of Security by a person resident outside india) regulation 2000.

according to me your case will come under Conversion of Lumpsum fee / royalty conversion into equity

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