Loan to overseas subsidiaries

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

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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