A Non-Resident Indian (NRI) and a person residing in India form a private company in India. The NRI pays the subscripttion money in INR in India. Is this considered as Foreign Direct Investment (FDI), and is the transaction legal?
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The NRI pays the subscription money in INR in India. Is this considered as Foreign Direct Investment
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Quick Summary
Subscripttion money? or do you mean equity?
Subscriptttion money paid in respect of subscriber of MOA
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