Hi All!
Whether the provisions of Chapter III of the Companies Act, 2013
and Rule 18 of Share Capital and Debentures Rules, 2014 be applicable on the issue of rupee bonds by Indian companies exclusively to a person resident outside India?
Please share other regulatory conditions as applicable under FEMA
Forwarded:
Please confirm if any US holding company can transfer fund (Idle Fund) to its Indian subsidiary company for Investment in India through Bank FDR etc.
If Yes, then what is the procedure?
If no, then what legal alternatives we can use to transfer such idle fund in India to earn some Income.
subsidiary
company
indian
holding
loan
form
permission
Dear Members,
Is it mandatory for a foreign company to obtain prior approval of the Reserve Bank of India prior to undertaking a merger with an Indian Company?
Required First Board resolutions Agendas specifically including the authorisation to the Indian Resident Director for executing various responsibilites on behalf of the Board in WOS in India.
Please do share.
resident
director
indian
authorisation
resolution
required
Dear Member,
1. Whether any filing under FEMA required?
2. Where stamp duty will be paid; (in country of execution, India or both).
Dear All,
Can anyone provide the latest Indian Stamp Act for the stamp duty rates in Delhi.
Dear All,
Please let me know the simplest procedure to borrow from Foreign director with RBI compliance's. Whether the loan taken has to be in form of CCDs ?
Hi,
I want to incorporate a company in India with two NRI subscribers/directors and one Indian director. Both the NRI directors are out of India and they are not able to reach India due to covid issues. Please let me know the mode of signing the MOA, AOA, Dir-12, Form INC-9, etc. and what additional things are to be taken into account. Thanks in advance
director
indian
subscribersdirectors
company
incorporation
Dear members,
A foreign company is having branch office in India and now wish to register a company here in India..
What would be the procedure for samr
Dear members,
A foreign company is having branch office in India and now wish to register a company here in India..
What would be the procedure for samr
Hi,
Please let me know if Form DI is to be filed by 100% WOS of an Indian company having 100% foreign investment, on account of downstream investment.
Also, shares were allotted after receipt of money which happened 1 month post incorporation. What should be the allotment date?
foreign
investment
having
company
indian
incorporation
It may appear like an Unsecured loan as no charge on the assets of the company, but giving Guarantee from Foreign Holding company for loan is secured to the bank . In case of default , Holding Co will have to pay to the foreign bank on its behalf, and in turn it can claim the payment from subsidiary Indian company; Also find out any counter guarantee or agreement between them.in this respect and its registration.It is Secured Loan, backed by such Guarantee, to the bank .In short , it is secured loan to the Subsidiary Co also. So to avoid it as a .................case, comply the law :
Under FEMA , the Indian Company has to obtain prior RBI permission for getting such guarantee [contingent liability - obligation to pay to the Holding Co against such guarantee.in future]. . Then file the charges with ROC.under the Cos Act.
