TMI BlogCan an Indian company accept deposits from non-residents in compliance with section 160 of the Companies Act, 2013?X X X X Extracts X X X X X X X X Extracts X X X X ..... nswer: Yes, such acceptance of deposit and refunds, if required, will be covered under current account transactions and can be made freely without any restriction from FEMA perspective. X X X X Extracts X X X X X X X X Extracts X X X X
|