What is the remedy ??

Others 944 views 1 replies

shares wher transferred by way of gift from a resident Indian to anNRI without prior approval of RBI. The transfer is registered in accordance with the comapnies act. But with respect to FEMA its violation!! What can be done >??

Replies (1)

You can make an application to RBI for compounding of offence (Pl. see attached file.).

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register