Can NRI purchase shares in private ltd company on repatriation basis?
i am an NRI. interested in purchasing shares from existing share holders on a private ltd company i INDIA - engaged in paper board manufacture. Do i do this on repatriation basis? do i need RBI permission etc. Thanks
Public Comments
i think... yes...
u pls click on- http://www.sify.com/finance/nri/fullstory.php?id=13172932