Dear e parivarians,
Background of the query: A foreign company wants to invest in an Indian company. It plans to give license of its technologies to Indian company for a royalty and will also act as consultant for the Indian company for a consultancy fees.
Please provide information on the following topics:
Where can I find the limits for foreign equity? I suppose there are regulations under IDRA and FEMA which fixed these limits. Which are those regulations? Where can I get the latest text of the same?
Which are the regulations under FEMA restricting repartition? Under the given case, repartition may be in the form of dividend/ interest/ royalty/ consultation fees...etc.
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Regards,
Madhwesh K
Company Secretary
Bangalore
9945399584