AN insian pvt. ltd. company wants to invite a foreign partner to infuse funds in the company as a private equity basis. The indian company is in trading business. In my opinion the investment can be made under FDI policy upto 100% under automatic route.Am I right.
Second question is how the equity can be introduced by the company. of course increase in the authorised capital is one step.As section 81(1A) is applicable only to public companies can a pvt. company allot shares on private placement/preferential issue by simply a board resolution. can anyone pls advise.
thanks & Regards
PCJ
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private equity/fdi in a pvt. co.
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private equity/fdi in a pvt. co.
by pcj_acs on Fri Feb 03, 2012 1:07 am
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