Ankur Garg (Company Secretary and Compliance Officer) (114783 Points)
02 July 2010
Dear Friends,
Please find enclosed herewith Master Circular 2010 on Foreign Investment in India issued by Reserve Bank of India today.
This is for your reference and record.
Best Regards
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 02 July 2010
Thanks for sharing.
However i have a doubt. Something was to come with regards to FDI in LLP's. However i dont think anything is mentioned in the circular. It only mentions that only NRI & PIO's can invest in capital of firm & proprietorship firms. But nothing is mention in case there is any foreign investment in FDI by any means.
Ankur Garg
(Company Secretary and Compliance Officer)
(114783 Points)
Replied 02 July 2010
Wait for press notes regarding the same...chain has started from today...
CMA. CS. Sanjay Gupta
("PROUD TO BE AN INDIAN")
(114230 Points)
Replied 03 July 2010
Thanks Ankur Ji.........Keep Sharing.
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