Nri- investment in private limited company-share application

This query is : Resolved 

10 August 2012 Hi,

I would like to know whether a NRI can make investment in a private limited compnay in India in following forms.
1. Share application
2. Loan
3. Deposit

Will it require approval from RBI.

Regards,

Amit

13 August 2012 Answer shall depend on which sector the Indian Company is working.

Anuj
femaquery@gmail.com



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