Wednesday, February 26, 2014

[aaykarbhavan] Should Noting required in BM for receipt of Foreign Investment



Hi,

 

Someone may please reply my query(s), if possible.

 

Query

 

A Private Limited Company (Subsidiary of Foreign Company) has been receiving Foreign Investment every month.

 

Whether there is any mandatory requirement to Note / Record the receipt of Foreign Investment in Board Meeting.

 

Please provide me any relevant Section(s) or URL on the above query so that I will go through and understand.

 

Ans: ……………………………

 

Thanks in advance for your reply.



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