As our company is a section 25 company. We are going to transfer the shares of the company to foreign company for making its holding company. I just wanted to know that do we require any approval from department of industrial policy and promotion in this regard. And also after transfer of shares if the Holding company transfer any fund to its subsidiary company, in which route, foreign company can invest in India( ie. Direct route or Government route). Our company's operation is to carry research related work for polluted environment. |