Hi,
If any company wants to register with the main object of investment and holding and minimum Net Owned Funds of INR 2 crores is below then how can a company register as per companies act, 2013.
holding
investment
ooject
main
incorporation
Dear Members,
I am in the process of reporting of downstream investment.
As far as I understand the onus of reporting is on the Indian Entity which is investing further in another Indian Entity.
While creating Business User for Indian Investor Entity, the Form is asking for IFSC Code and Branch. Now my question though treated as downstream investment, the movement of funds is from one Indian Bank to another Indian Bank. There is no inward remittance as such from Foreign Country.
In this case which Bank to be selected? How to decide which bank will process this transaction?
reporting
investment
downstream
Dear All,
Any one Please Help to Clarify this Provision of RBI
if IP who are further investing in abroad subsidiary company in that case what is limit up to which company can made investment ?? is it 400 % of Financial commitment or
(2) (i) The total financial commitment of the Indian party in Joint Ventures/Wholly Owned Subsidiaries shall not exceed 100% of the net worth of the Indian Party as on the date of the last audited balance sheet;
This Confused Please help if anyone done this its urgent
investment
limit
equity
Dear All,
Any one Please Help to Clarify this Provision of RBI
if IP who are further investing in abroad subsidiary company in that case what is limit up to which company can made investment ?? is it 400 % of Financial commitment or
(2) (i) The total financial commitment of the Indian party in Joint Ventures/Wholly Owned Subsidiaries shall not exceed 100% of the net worth of the Indian Party as on the date of the last audited balance sheet;
This Confused Please help if anyone done this its urgent
investment
limit
equity
Hello,
Is LLP doing just investment business is prohibited?
By NBFC or RBI
business
investment
Dear Members,
A company want to transfer it's investments to a LLP to save it from subsidiary and associates compliance and stop effecting it's credit history
But I heared that LLP having the objects of just investment activities needs approval from rbi as NBFC
And if LLP doesn't do any business within 2yr it becomes defunct
Please can someone suggest how can we structure this?
firm
investment
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
Deal All
Can any one guide me how much % can NRI Invest in Indain company engage in IT Sector
sector
india
investment
Hi Professionals,
One of the LLP’s principal business is to provide investment advisory and for this financial year (2019-20) the income from the investment is more than 50% of the gross income. Does it fall under the purview of NBFC?
Please advise?
investment
income
Dear all,
Company made a joint venture with another company for a work contract. Does the company require to disclose about such a joint venture as investment in a board report.
--
investment
details
We are conducting the audit of a private limited company...
It has written off investment in other private limited company worth rs 70 Lacs..
The other company is not a subsidiary of the company for which we are conducting audit..
What provisions of the company act have to be kept in mind while doing the audit..
Was company supposed to pass any sr/or before writing that off..
Dear Experts,
An Indian Co. (A Pvt. Ltd) has established Subsidiary.Co in USA (B.Ltd). Further B Ltd also established a Subsidiary Co. in UK (C.Ltd). Further C.Ltd does not have direct equity participation from A Pvt.Ltd.
Query:
1. In Section IV of FLA return (Foreign Assets) - Do we need to give details of C.Ltd?
Kindly share your thoughts.
return
investment
details
