https://www.taxtmi.com/news?id=4542 Crew B.O.S. Products Ltd. passed board and shareholder resolutions to raise its non resident investor limit to 24% under the Portfolio Investment Scheme; RBI notified the enhancement subject to Regulation 5(3) of the FEMA Notification and reiterated that the Indian company retains responsibility for compliance with FDI policy, FEMA rules and downstream investment obligations, with monitoring and purchase approvals governed by RBI cut off and clearance procedures. en-us Thu, 17 Jan 2013 10:27:56 +0530 Thu, 17 Jan 2013 10:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4542 Crew B.O.S. Products Ltd. passed board and shareholder resolutions to raise its non resident investor limit to 24% under the Portfolio Investment Scheme; RBI notified the enhancement subject to Regulation 5(3) of the FEMA Notification and reiterated that the Indian company retains responsibility for compliance with FDI policy, FEMA rules and downstream investment obligations, with monitoring and purchase approvals governed by RBI cut off and clearance procedures. News - Thu, 17 Jan 2013 10:27:56 +0530 https://www.taxtmi.com/news?id=4542