Checklist for Filling and Certification of ECB Return S.NO. PARTICULARS Remarks 1. Check whether the ECB-2 return is being filed within 7 working days from the close of the month through the designated authorized dealer. If there is no transaction during a particular period, a nil return should be submitted. 2. Check whether the […]
Checklist for Foreign Direct Investment (FDI Report) S.No Particulars Status 1. Check whether company is allowed to raise FDI under Automatic Route. Check sectorial caps. 2. In case of approval route, check whether the appropriate approval is received from FIPB/RBI before the receipt of FDI. 3. Check whether the Investor is a resident of
Checklist for Form FC_GPR S.No Particulars Status 1. Check whether Company is allowed to raise FDI under Automatic Route. 2. Check if FDI is not allowed under Automatic Route, FIPB approval has been obtained. 3. Check if the FDI is within the allowed Automatic Route Cap. 4. Check whether the terms and conditions of
Indirect Investment and Downstream Investment in Terms of Foreign Exchange Management Act, 1999 Foreign Direct Investment (FDI) in India is governed by the FDI Policy announced by the Government of India and the provisions of the Foreign Exchange Management Act (FEMA), 1999. Reserve Bank has issued Notification No. FEMA 20 /2000-RB dated May 3, 2000
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Consequent to expiry of Tax Holiday regime for STPI The Ten Year tax-holiday under STPI scheme was to expire by March, 2009. However, as an interim relief to the Industry, the Government extended the sunset clause in 2009 and 2010 by one year each. Thus, the tax-holiday under the scheme is available upto March, 2011.
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APPLICABILITY OF 274(1)(g) TO A PRIVATE COMPANY WHICH IS SUBSIDIARY OF THE PUBLIC COMPANY Whether 274(1)(g) is applicable to a Private Company which is subsidiary of the Public Company. General Norm: Under Companies Act, 1956, the Sections are drafted such a way that – (a) they are applicable to all the companies – Public, Private
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We believe that a strong manufacturing sector is an essential component of the Indian economy. While the sector has undergone a period of change, the resulting structural adjustment has ensured the sector’s continued relevance as a contributor to GDP. To compete internationally, Indian manufacturing sector would need a strategic vision and mission. A strong manufacturing
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Guide to understand an Offer Document This sub‐section attempts to inform the structure of presentation of the content in an offer document. The basic objective is to help the reader to navigate through the content of an offer document. (a) Cover Page Under this head full contact details of the Issuer Company, lead managers and
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Brief Overview of Limited Liability Partnership Limited Liability Partnership (LLP) is a new form of organization introduced in India through the enactment of Limited Liability Partnership Act, 2008. Partnerships can now be incorporated as a limited liability partnership (LLP) and by doing so they can remove the unlimited liability of individual partners. LLP is in
1. The new FDI Regulatory Framework document resembles the Master Circulars released every year on 1 July by the Reserve Bank of India, which includes all circulars and clarifications issued over a year. In such a situation, what is the need to have a separate set of Master Press Note? 2. It is not wholly
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