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Fema / rbi

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(Querist)
12 November 2014 A resident indian has to subscribe for the shares in the unlisted company in UK. He will be one of the Director/ promoter of the said company. Do we need to get prior approval from RBI. Kindly let me know the procedure involved in this transaction.


Thanks,
Suresh
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Amol S Joglekar

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Amol S Joglekar (Expert)
18 November 2014 What is the amount?
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http://www.rbi.org.in/scripts/FAQView.aspx?Id=66

follow this link of RBI for details.

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