Subscription of shares by NRI-plz suggest

Priya Sharma (Company Secretary & Student.MBA)   (998 Points)

07 January 2010  

A Private Company got subscripttion from a NRI for Rs. 65000/ the time of incorporation, So now is it necessary under FEMA to intimate RBI ,within 30 days of the receipt of the subscripttion amount and then filing of FCGPR Part A.???

Plzz suggest its urgent.


Priya Sharma