Fcgpr
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 October 2012
Dear Sir
Is it required to file form FCGPR with RBI for issuing shares on account of amalgamation.
Please clarify
regards
Is it required to file form FCGPR with RBI for issuing shares on account of amalgamation.
Please clarify
regards
01 November 2012
In case there is not any foreign inward remittance, Form FCGPR is not required to be filed.
I have dealt with the matter wherein no foreign inwared remittance was involved but i have filed form FCGPR throught Authorised Bank, but RBI has clearly replied that in case there is not any inward remittance then RBI is not involved anyway.
I have dealt with the matter wherein no foreign inwared remittance was involved but i have filed form FCGPR throught Authorised Bank, but RBI has clearly replied that in case there is not any inward remittance then RBI is not involved anyway.
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 November 2012
Bust Sir Master circular of RBI and FBI circular also says if there is any transfer to non-resident on account of amalgamation then we have to file FCGPR.
02 November 2012
You may file but RBI will not accept it.
I would advice you to file form FCGPR, it will complete your records.
I would advice you to file form FCGPR, it will complete your records.
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