The company filing for the FC-GPR with the RBI need to attach certain documents in a specified format. and certificate of the Company Secretary of the Indian Company. This blog will provide a detailed guidance to filing Form FC-GPR, as well as information on the format of the CS Certificate that must be attached.
In respect of the details as mentioned as mentioned above, we certify the following:
(i) All the requirements of the Companies Act, 2013 have been complied with.
(ii) Terms and conditions of the Government approval, if any, have been complied with.
(iii)The company is eligible to issue capital instruments/receive capital instruments under Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2017 notified vide Notification No. FEMA 20(R)/2017-RB dated November 07, 2017, as amended from time to time.
(iv)The company has all certificates issued by authorized dealers in India evidencing receipt of amount of consideration in accordance with Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2017 notified vide Notification No. FEMA 20(R)/2017-RB dated November 07, 2017, as amended from time to time.
(v) The Investment Agreement/ Shareholder Agreement between the investor and the investee company is in compliance with the provisions of Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2017 notified vide Notification No. FEMA 20(R)/2017-RB dated November 07, 2017, as amended from time to time.
(Name & Signature and Seal of the Company Secretary/practicing Company secretary)
Certain documents are to be filed in a specified format while filing form FC-GPR. Find the format of declaration here.
Know the procedure of filing the Form FC-GPR.
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