26 September 2008
NRI(USA) is interested to invest money in our pvt. ltd. company what is the necessary docs 'n' RBI guidelines. Please suggest. Regards, Lalit Kr Sharma
26 September 2008
INWARD REMITTANCE SHOULD BE INFORMED TO RBI WITH IN 30 DAYS OF RECEIPT. IF SHARES ARE ISSUED TO HIM THAT ALSO TO BE INFORMED TO RBI WITH IN 30 DAYS. IF SHARES ARE NOT ISSUED WITH IN 90 DAYS MONEY RECEIVED SHOULD BE RETURNED.
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