FDI compliant instruments by Indian Company
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Juhee Goyal /
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29-Mar-2023 08:17 AM /
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Whether an Indian company (owned and controlled by non-residents) investing in non-FDI compliant instruments issued by another Indian company will be considered as Indirect Foreign Investment for the investee company?
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Posted By : Juhee Goyal /
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22-Aug-2023 05:29 AM /
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Whether the concept of Alternate Director also applicable in case of Foreign Director as he is already residing outside India ?
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Posted By : Juhee Goyal /
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22-Aug-2023 05:26 AM /
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In case of appointment of Alternate Director, whether the Master Data of the Company reflects the Original Director too ?
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Posted By : Juhee Goyal /
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15-Jul-2023 04:55 AM /
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In what circumstances, special notice is required for the appointment of person other than the retiring auditor ?
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Posted By : Juhee Goyal /
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14-Jul-2023 05:05 AM /
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What is the offer period of private placement offer cum application letter in case shares are issued on private placement basis ?
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Posted By : Juhee Goyal /
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13-Jul-2023 05:56 AM /
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Is it possible to file the Unaudited Financial Statements of a Company, if yes, whether there is any option to file the Audited Financial Statements after filing of Unaudited Financials ?
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Posted By : Juhee Goyal /
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12-Jul-2023 05:07 AM /
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If an individual does not hold majority stake in the member company of the reporting company, whether filing of BEN-2 is applicable or not?
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Posted By : Juhee Goyal /
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28-Jun-2023 08:39 AM /
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Are there any restrictions or limitations on the number of foreign directors in an Indian Company ?
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Posted By : Juhee Goyal /
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27-Jun-2023 04:13 AM /
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Whether, any assets or liabilities for Indian party (i.e. domestic assets and liabilities) are to be included in the FLA return?
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Yes, an Indian company (owned and controlled by non-residents) investing in non-FDI compliant instruments issued by another Indian company can be considered as Indirect Foreign Investment (IFI) for the investee company, if the following conditions are met:
In such a scenario, the investee company must comply with the relevant regulations related to IFI, such as reporting requirements, sectoral caps, and other restrictions, as applicable. The Reserve Bank of India (RBI) has issued guidelines on the treatment of IFI, and it is advisable to consult these guidelines for further clarity on the matter.