Can you Suggest me what to do on these Query
Dear Sir,
Please refer to the FCGPR submitted by you for issue of shares on 13/12/14
In this connection it is observed that the first issue of shares to non resident is on RIGHTS basis.You are requested to clarify the same.
You are also requested to submit CS compliance certificate to Reg.6 of FEMA 20 for issue of shares on rights basis.