tag:blogger.com,1999:blog-2906868925660021667.post1594586807705811175..comments2024-03-28T00:15:30.351-07:00Comments on COMMENTS ON FEMA (FOREIGN EXCHANGE AND MANAGEMENT ACT: CAP on FDI in India and Procedures to be observed on receipt of FDI by an Investee Company:R V S PROFILEhttp://www.blogger.com/profile/03754959185704781472noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2906868925660021667.post-13736438969021798972016-06-27T23:45:17.105-07:002016-06-27T23:45:17.105-07:00Greetings of the Day !!!
I read your article and ...Greetings of the Day !!!<br /><br />I read your article and it helped me to understand the provisions of FEMA very well. It was good to understand to learners very well.<br /><br />I have a query please help me out with your valuable advice.<br /><br />A Joint Venture company was incorporated under the Companies Act, 1956 with 50:50 percent of share capital held by foreign company and Indian company. and now the company increase the subscribed capital through Right Issue so that the paid up capital structure has changed to 80:20 percent, foreign company and Indian Company respectively.<br />My query is <br />Can the Joint Venture company known as the subsidiary company of the foreign company (as per the definition of Subsidiary Company in Companies Act,2013),or <br />It will fall under the definition of Associates Company(as per Companies Act, 2013),or<br />Any other provisions will applicable to the company.<br />Please help me with your valuable advice.<br /><br />Thanks & Regards<br />Bighnes Prasad<br />Mob. No. 07277242677Anonymoushttps://www.blogger.com/profile/07360404913549962919noreply@blogger.comtag:blogger.com,1999:blog-2906868925660021667.post-14454233310342679862011-06-24T22:54:49.981-07:002011-06-24T22:54:49.981-07:00Thank you for sharing. Not to many people in your ...Thank you for sharing. Not to many people in your position are so gracious. Your article was very poignant and understandable. It helped me to understand very clearly. Thank you for your help.<br /><a href="http://www.vishalpet.com" title="PET preforms manufacturers" rel="nofollow">PET preforms manufacturers</a>PET preform manufacturers in indiahttps://www.blogger.com/profile/04645307267021028397noreply@blogger.com