Foreign Investment

Jay Bodha (Employed) (139 Points)

17 March 2011  

Dear Members,

I have the following querry in relation to investment by a foreigner in an Indian Private company:

Mr X being a foreigner who was born in  India but has citizenship of UK wants to invest in an Indian foreign company can any1 help me out the limit ofg his investment along with related provisions of FEMA Regulation

The company has the object of providing Server maintaince services to the banks.

 

Hopes of early reply