Foreign Direct Investments (FDI) - Non-compliance of the ...

FEMA

May 14, 2019

Foreign Direct Investments (FDI) - Non-compliance of the condition of minimum capitalization - Since the business of development and construction of township could not be commenced due to the action of the respondent, the period of compliance with the condition had yet to commence. The allegation is, therefore, premature and, therefore, the question of contravention does not arise.

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Foreign Direct Investments (FDI) - Non-compliance of the ...

FEMA

May 14, 2019

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