DIFFERENT ADDRESS IN FIRC AND KYC OF INVESTOR

[Asked by Guest]

Hello sir,

I have a query regarding showing different address in FIRC and KYC. My company's foreign investor has changed his registered address but in FIRC it was showing old address and in KYC it was showing new address. Due to this authorised bank every time neglect our proceedings. Please tell me the suitable provisions.

[DR.MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in the above issue? If not please inform.

AI Summary

Address mismatch between FIRC and KYC prompts bank objections and requires reconciliation under regulatory compliance procedures.
A foreign investor's registered address appears differently in the FIRC (old address) and in the KYC (new address), causing the authorised bank to neglect company proceedings; the query requests identification of suitable provisions and procedural guidance for addressing such discrepancies, and a respondent asked whether the issue had been clarified or required further information.