Form FC-GPR to be filed for Bonus Issue

[CS Manish Buchasia]

We have following queries regarding Form FC-GPR to be filed for Bonus Issue by Listed Company:

(1) What is required to select in Point 4(C)(a) of Form FC-GPR - Total inflow (in Rupees) on account of issue of shares / convertible debentures/others to non-residents (including premium, if any) vide??? as there is no foreign exchange inflow on issue of bonus shares and selection of any one option in form is mandatory.

(2) Form requiring DATE OF REPORTING OF foreign exchange inflow TO RBI UNDER PARA 9 (1) A OF SCHEDULE I TO NOTIFICATION No. FEMA 20/2000-RB DATED MAY 3, 2000, AS AMENDED FROM TIME TO TIME, in case of bonus issue no requirement of reporting to RBI as there is no inflow on issue of bonus shares, so which date we have to enter in case of bonus issue???

(3) Whether CA Certificate for valuation of share is required to be attached in the case of Bonus Issue??? as it is mandatory asked in form and in case of bonus issue, shares are allotted without consideration.

(4) Whether Unique Identification Numbers is compulsory in the case of bonus issue??? as UIN is to be given by RBI for Advance Reporting of Foreign Remittance and in our case there is no foreign inflow, hence no Advance Reporting requirement with RBI

c...@buchasia.com