Share allotment procudure

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....hare allotment procudure<br> Query (Issue) Started By: - Velayutham Panchatcharam Dated:- 2-12-2016 Last Reply Date:- 3-12-2016 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Companies Law<br>Dear Expe....

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....rts, I am working in Pvt company in India and my parent company is in Hongkong. Now my parent company is remitting share capital to India. My query is 1. What is the procedure to use this share capi....

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....tal? 2. when I can use this share capital 3. If I want to use immediately, what should I do? Need your advise urgently by step by step. Regards Panch Reply By MARIAPPAN GOVINDARAJAN: The Reply: ....

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.... Since the remittance is from foreign country you have to follow the procedure prescribed by Reserve Bank of India.<br> Discussion Forum - Knowledge Sharing ....