https://www.taxtmi.com/news?id=19130 Department of Economic Affairs approved issuance of equity shares to foreign parent entities to meet pre-operative/pre-incorporation expenses in connection with the proposed voluntary liquidation of the Indian subsidiary, and rejected a separate request seeking capital and profit repatriation and continuation as an asset manager without complying with minimum capitalization norms. en-us Wed, 06 Dec 2017 09:34:47 +0530 Wed, 06 Dec 2017 09:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19130 Department of Economic Affairs approved issuance of equity shares to foreign parent entities to meet pre-operative/pre-incorporation expenses in connection with the proposed voluntary liquidation of the Indian subsidiary, and rejected a separate request seeking capital and profit repatriation and continuation as an asset manager without complying with minimum capitalization norms. News - Wed, 06 Dec 2017 09:34:47 +0530 https://www.taxtmi.com/news?id=19130