Dear Friends,
Can anybody tell be the compliances that need to be done if a private company receives investment from an NRI on Non-repatraition basis. How will the valauation of shares be done. Do we need to use DCF only.
Regards
Hitesh
Hitesh Khemchandani (Practicing Consultant) (43 Points)
28 August 2011Dear Friends,
Can anybody tell be the compliances that need to be done if a private company receives investment from an NRI on Non-repatraition basis. How will the valauation of shares be done. Do we need to use DCF only.
Regards
Hitesh
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 09 October 2011
Nothing needs to be done provided the activities being done by Pvt. ltd, Company are not prohibited.
Anuj
+91-9810106211
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