https://www.taxtmi.com/forum/issue?id=111193 A private Indian company inquired about using share capital remitted from its Hong Kong parent. The reply states that remittances from abroad must follow the procedures prescribed by the Reserve Bank of India, and use or immediate deployment of the remitted capital is contingent on compliance with those RBI procedures. en-us Fri, 02 Dec 2016 20:25:21 +0530 Thu, 23 Jan 2025 15:56:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111193 A private Indian company inquired about using share capital remitted from its Hong Kong parent. The reply states that remittances from abroad must follow the procedures prescribed by the Reserve Bank of India, and use or immediate deployment of the remitted capital is contingent on compliance with those RBI procedures. Discussion-Forum Companies Law Fri, 02 Dec 2016 20:25:21 +0530 https://www.taxtmi.com/forum/issue?id=111193