i would like to know ,
whether a foreign holding company can transfer funds to its Indian subsidiary company by way of "convertible debentures"?
if yes,then what is the maximum time period within which it has to be converted into equity?
can it be transferred through non convertible debentures?
thanks in advance.
Go thru this link..It mgt serve your purpose to some extent.
https://www.rbi.org.in/scriptts/NotificationUser.aspx?Id=6369&Mode=0
Regards
Swati
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