FEMA
This query is : Resolved
09 March 2009
Hi All,
A foreign co. wants to contribute Rs. 3 crore in its Indian WOS otherwise by way of ECBs and direct investment repariable in 3 to 4 years. What are the regulations permitting so.
Regards,
Akhil
A foreign co. wants to contribute Rs. 3 crore in its Indian WOS otherwise by way of ECBs and direct investment repariable in 3 to 4 years. What are the regulations permitting so.
Regards,
Akhil
11 March 2009
refer
(Transfer And issue of security to the persons outside india) Rules.Available in RBI site
(Transfer And issue of security to the persons outside india) Rules.Available in RBI site
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