FAQ’s   Query No. 1:- What is the sectoral cap in the sectors where FDI is allowed? Reply:- Permitted sectors are as follows: S. No Sector / Activity Investment Cap Entry Route 1. Agriculture & Animal Husbandry: ·         Floriculture, Horticulture, Apiculture. ·         Development and production of seeds ·         Animal husbandry…

With a view to promote the ease of reporting of transactions related to Foreign Direct Investment (FDI),the Reserve Bank of India has issued Circular on 1st February, 2016 in respect of: - "Foreign Direct Investment –Reporting under FDI Scheme, Mandatory filing of form ARF, FCGPR and FCTRS on e-Biz platform and; Discontinuation of physical…

ADDITIONAL STEPS IN CASE SHARES ARE BEING SUBSCRIBED BY A NON-RESIDENT PROMOTER / INVESTOR  This Article was earlier part of Post Incorporation Compliances. We have now split the same into two parts. This is the second part covering Subscription of Shares by NR post Company Incorporation. Through this blog, we have…

The existing pricing guidelines for FDI applicable to transfer/issue of shares have undergone change vide RBI Circular dated 15th July, 2014. Here we have summarised the provisions as applicable to an Unlisted Company. Issue of Shares: Price of shares issued to persons resident outside India from now on shall be…

Status of a subsidiary of a Foreign Company as per Companies Act, 2013 With the legislation of the new Act, it has been clarified that a body corporate incorporated outside India is not prohibited from incorporating subsidiaries as private/public companies. This implies that the earlier criteria (Sec 4(7) of the…