can nri hold 90% share capital in pvt limited company which deals in jewelry trade.
for that rbi special permision require or not?
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nri investment in india
Replies (3)
Kindly go through FDI and see the limits specify for specific sector .
Dear Ashish ji,
If this trade come under Retail Trade then only 51% FDI allowed with FIPB approval.
Aman Kumar Jain
LL.B., M.Com, ACS
AMAN JAIN & ASSOCIATES,
COMPANY SECRETARIES
B-15, SECOND FLOOR,
LAJPAT NAGAR-I,
NEW DELHI-110024
Mob. No. +91.97174.900.58
+91.93137.82.760
AMAN JAIN & ASSOCIATES,
COMPANY SECRETARIES
B-15, SECOND FLOOR,
LAJPAT NAGAR-I,
NEW DELHI-110024
Mob. No. +91.97174.900.58
+91.93137.82.760
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