Consideration of shares in kind - Whether permissible?

Others 579 views 2 replies

Can shares be alloted to a NR against import of a second hand machinery?

Replies (2)

Can be done........

But it involves some secraterial procuders and approvals from share holders etc.,

Can you tell me what is the regulation under FEMA under which this can be done?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register