FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 (From Regulation 1 to Regulation SCHEDULE 11)
Foreign investment reporting: FC GPR filing requires detailed investor, security and pricing disclosures and compliance certificates. Companies issuing securities to non residents must file the FC GPR form through an Authorised Dealer Category I bank with the RBI Regional Office, providing detailed company and investor particulars, nature and number of securities, issue pricing and premium breakup, source and mode of consideration, fair value disclosure, and post issue shareholding pattern. The filing must include a Company Secretary certificate confirming compliance with Companies Act and authorised dealer receipts, and a SEBI registered merchant banker/chartered accountant certificate on pricing; Unique Identification Numbers for remittances allocated by the RBI must be quoted.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign investment reporting: FC GPR filing requires detailed investor, security and pricing disclosures and compliance certificates.
Companies issuing securities to non residents must file the FC GPR form through an Authorised Dealer Category I bank with the RBI Regional Office, providing detailed company and investor particulars, nature and number of securities, issue pricing and premium breakup, source and mode of consideration, fair value disclosure, and post issue shareholding pattern. The filing must include a Company Secretary certificate confirming compliance with Companies Act and authorised dealer receipts, and a SEBI registered merchant banker/chartered accountant certificate on pricing; Unique Identification Numbers for remittances allocated by the RBI must be quoted.
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