Dear Friends,
Can anyboday advise for rules/procedures under FEMA for giving loan to overseas subsidiary in which major shares are held by Indian Company.
Also quote RBI Notification/circular for reference.
Thanks
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Loan to overseas subsidiaries
Replies (1)
Hello,
U can provide the loan to your foreign subsidiary subject to the limit specified under automatic route.
You can visit the following link for more details:
https://rvseckarfema.blogspot.com/2011/03/advancing-loan-by-indian-parent-company.html
Regards,
R.V.Seckar
Mobile- 09848915177
Pl do visit my blogs :
https://www.rvseckarcompanylaw.blogspot.com/
https://rvseckarfema.blogspot.com/
https://rvseckarindianlaws.blogspot.com
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