Requirements of oci to invest in asset reconstruction co.?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 January 2013
Sir/Madam,
An OCI(overseas Citizenship of India) would like to invest in Asset Reconstruction Company.The company is Public Company.
What are the requirements to be fulfilled by OCI to invest in the public Co.?How the remittance of funds is to be invested in the public co.?
An OCI(overseas Citizenship of India) would like to invest in Asset Reconstruction Company.The company is Public Company.
What are the requirements to be fulfilled by OCI to invest in the public Co.?How the remittance of funds is to be invested in the public co.?
15 August 2013
It can be via automatic / direct route.shall satisfy the rbi limtations on that. Fair valuation of share certificate is reqd. From the auditor.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- Is Aadhar PAN linking required for opening bank account?
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- REGARDING GST ON COMMERICIAL PROPERTY
- DTCP approval
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- Whether still royalty
- What is paid meaning under form
- Consequences of short and excess provision of expenses
- Provision for income tax and adjustment entry
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
