Can you Suggest me what to do on these Query
Dear Sir,
Please refer to the FCGPR submitted by you for issue of shares on 13/12/14
In this connection it is observed that the first issue of shares to non resident is on RIGHTS basis.You are requested to clarify the same.
You are also requested to submit CS compliance certificate to Reg.6 of FEMA 20 for issue of shares on rights basis.
Can you Suggest me what to do on these Query
Dear Sir,
Please refer to the FCGPR submitted by you for issue of shares on 13/12/14
In this connection it is observed that the first issue of shares to non resident is on RIGHTS basis.You are requested to clarify the same.
You are also requested to submit CS compliance certificate to Reg.6 of FEMA 20 for issue of shares on rights basis.
Any responses Friends.
Regards,
Dear Sir
Is it necessary to compute the value of Equity Share based on DCF Method ?
As the Para 2, Annexure -3, Chapter 3.3 of Consolidated FDI Policy, 2016 states Issue Price to be computed by Chartered Accountant based On ANY INTERNATIONALLY ACCEPTED PRICING METHODOLOGIES ON ARM'S LENGTH BASIS.
Looking forward for prompt reply
Yes it will be accepted by RBI
Sir ,
The company issued further allotment of equity shares to foreign investor at face after 25 days of incorporation.what is the format of Ca valuation certificate since there is no plbs to compute under DCF method? Kindly share the format for this .
CAclubindia
