Hi Colleagues,
Can anyone please share draft documents for conversion of private limited company into public limited company. It would be a great help for me.
Dear Friends
In case of FDI in an LLP, can valuation report be issued by a Chartered Accountant or it has to be by a Merchant Banker
Kindly let me know latest norms on the same pls
Dear friends
I received an email from mca for resubmission due to main activity code change, how to change and resubmit it?
Can anyone guide me?
Dear Sirs/Madam,
As per the Foreign Exchange Management Act, 1999 (FEMA) read with Foreign Exchange Management (Transfer or Issue of a Security by a Person resident Outside India) Regulations, 2017 issued vide Notification No. FEMA 20(R)/2017-RB dated November 7, 2017 and Master Direction on FDI (updated upto 08 March 2019), for downstream investment by the Company there is no applicability of FDI Linked performance condition clause. For downstream investment by LLP the sector should fall under 100% automatic route and there shall be no FDI Linked Performance conditions.
However under FDI Policy (Effective from 15.10.2020) Clause 3.2.4 (Eligible Investee Entities - LLP) it is stated that:
"An Indian company or an LLP, having foreign investment, is also permitted to make downstream investment in another company or LLP in sectors in which 100% FDI is allowed under the automatic route and there are no FDI-linked performance conditions."
So the question is whether the Company can make downstream investment irrespective of the applicability of FDI Linked Performance conditions or not?
Dear Members,
I am facing a problem in form 3 for an LLP in which details of all partners and designated partners is not getting prefilled....hence unable to upload the forms .....has anyone faced such situations?
Is there any solution for this?
Hi,
We are looking for a semi qualified CS. Interested candidates may send their resume to nagam...@barbequenation.com
Location - south Bangalore
Thanks
Hi Members,
Does anyone here do startup registration for availing income tax benefits?
Dear Members
There is a transfer of one share from a Non-Resident Nominee Shareholder to another Resident Nominee Shareholder.
Queries:
1. Will there be a transfer of money from Resident Buyer to Non-Resident Seller for that one share?
2. Will FCTRS be required to be filed for transfer between nominee shareholders