A company listed its shares at BSE having networth of 15crs and engaged in activity of trading of metals. the company's 9.5% shares are holding by foriegn shareholders. the company wants to borrow loan from NR/NRI.
1. Is this comapny is elegible to borrow from forigne
2. if yes , under which provision of RBI.
3. whats are the option availble to do so.
Kinldy sussget
Thanks
CAclubindia
