Fdi policy
Nidhi Sharma (working) (21 Points)
19 May 2017Nidhi Sharma (working) (21 Points)
19 May 2017
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 19 May 2017
You have to File FC -GPR take the help of a company secretary
Vidnya
(Practicing CS)
(82 Points)
Replied 19 May 2017
Foreign inward remittance (FIRC) has to be reported to RBI through Authorised Dealer Bank within 30 days of receipt in form ARF & the investee company needs to obtain UIN from RBI.
Further form FC-GPR has to be filed within 30 days of allotment of shares.
Further the company has to allot shares within 180 days of inward remittance, which i guess has been complied in your case.
You need to take steps on priority, as RBI is involved.
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