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
Whether is it allowed to accept Unsecured Loan in indian Rupees from NRI Director through his NRO Bank Account by Indian Private Limited Company.
If yes then are there any RBI related compliance required to comply before/ after accepting loan.
Members please guide. Thank you in advance.
