- 237511 Views
- 04 Sep 2018
- CS Sanjeev Shah
- FEMA, FDI, Companies Act 2013, FCGPR, Corporate Law, Articles, Company Secretary,
BACKGROUND In its first bi-monthly monetary policy review dated 5th April 2018, the Reserve Bank of India (RBI) had announced the introduction of a Single Master Form (SMF) to consolidate the extant reporting structures of various types of foreign investment in India. In line with the above, RBI has issued a Circular viz. A.P (DIR Series) Circular No.30 dated 7th June 2018 to lay down th......