Posted By : Sachin
/ Published on :
01-Mar-2021 08:45 AM / View :
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Following is the query:
A is an investment company registered outside India. A has a subsidiary called B in India which is an operating company as per the terms of consolidated FDI Policy. Now B wants to make downstream investment in a company called C which is engaged in non banking financial services where 100% FDI is allowed under automatic route.
1. Can investment be made by B Company in C Company in the form of equity shares?
2. Can anyone share downstream documents which is required to file on RBI Firms portal?
3. Can anyone have checklist of downstream investment? Plz share
Kindly treat the same very urgent.
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