Valuation in FEMA

    Posted By : CS Shiriti / Published on : 14-Feb-2019 03:24 PM / View : 243 / Comment : 0
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    As per companies act valuation report is not required for Rights issue.However as FEMA requires valuation report even case of Rights issue.

    Investment made in Indian in currency is treated as a domestic investment and FEMA would not applicable, only in this case valuation report is not required for Rights issue.
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