Fdi
This query is : Resolved
29 June 2015
can anyone tell that what are the provisions if trust has accepted the foreign investment without approval from FIPB???? and what are the compliances for a trust to accept FDI in india???
01 July 2015
Trust can not take FDI as per FEMA Act. It is a serious violation of law.
Trust can take only foreign contribution (donation from abroad) under Foreign Contribution Regulation Act.
Trust can take only foreign contribution (donation from abroad) under Foreign Contribution Regulation Act.
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