https://www.taxtmi.com/news?id=17672 Government action from the FIPB meeting: nine proposals approved covering share transfers, post-facto approval for ESOPs and downstream acquisitions, expansion to 100% foreign ownership, and conversion of operating subsidiaries into investing company roles; three proposals referred to CCEA for permission on timeframe and compounding deletion, rights issuance within existing foreign shareholding caps, and major telecom acquisition; six deferred over ownership, business-model and retrospective regularisation issues; three rejected for unsuitable deletions or retrospective allotments; three found outside FIPB remit. en-us Fri, 24 Mar 2017 14:54:33 +0530 Fri, 24 Mar 2017 14:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17672 Government action from the FIPB meeting: nine proposals approved covering share transfers, post-facto approval for ESOPs and downstream acquisitions, expansion to 100% foreign ownership, and conversion of operating subsidiaries into investing company roles; three proposals referred to CCEA for permission on timeframe and compounding deletion, rights issuance within existing foreign shareholding caps, and major telecom acquisition; six deferred over ownership, business-model and retrospective regularisation issues; three rejected for unsuitable deletions or retrospective allotments; three found outside FIPB remit. News - Fri, 24 Mar 2017 14:54:33 +0530 https://www.taxtmi.com/news?id=17672