Loan to foreign Company by Private Company

Teena (Querist) 24 November 2009 This query is : Resolved
Hi All,

what is the procedure or rules applicable if Private indian Company gives Loan to foreign Company? How much loan it can give to foreign Company?

what if that foreign company is one of the shareholder of that indian Private Company?

Follow Query

Report Abuse

Raj Kumar Makkad (Expert) 24 November 2009
The permission of RBI and under the provisions of FERA are to be obtained prior to siphoning the money to such foreign company.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Stainless steel decorative plate in delhi
Stainless steel decorative plate in delhi
Family property issue
Muslim man triple talaq after 36 years
Love spells to return your ex-lover back
Https://purewellnessketogummies.sites.kaltura.com/
Is it legal to buy property in panvel's usarli khurd area?
Purchase of goodwill for ca firm
False allegations
How to remove other right from agricultural land

Certain doubt -sof - on appeals to the higher courts
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Ucc laws on inheritance
Family settlement
Complaint against medical facility
Legal opinion on baseless legal notice and law
Legal notice or ........
Dismissals due to defective legal notices
Legal notice content