Please share how to do GEM Registration and its conditionsClick here to view / answer Share it on
Can a person holding less than 25% of the voting rights/ shares in a target
company, make an open offer as per SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
As per SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS)
If in an offer a minimum level of acceptance has been stipulated, is it sufficient to make it a conditional offer or there are other requirement to make it a conditional offer?
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?
Please Share Declaration of Dividend in Company and its Compliance, Requirements, and Procedure to be followed in Private Limited.Click here to view / answer Share it on
In sec 117 Board resolution for change in terms and conditions of Managing Director is required to be filed with MCA.
only managing director word is written . does it implies that change in terms & conditions of executive director need not be filed with MCA. as only MD is written in sec 117.
Kindly share your views
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