Eximkey - India Export Import Policy 2004 2013 Exim Policy
DIN [Paragraph 10 C.6(i) and 10 C.7(i)]Declaration for direct investment made by NRIs in proprietorship/partnership concern and by NRIs/ OCBs in Indian companies under the general permission granted by Reserve Bank vide its Notifications Nos.FERA.113 and FERA.114/92-RB dated 27th April 1992Instructions:1. The declaration should be submitted by a) Investee company in case of investment in a limited company. b) NRI in case of investment in a partnership firm/proprietary concern. 2. The declaration should be submitted to the concerned Regional Office of Exchange Control Department of Reserve Bank of India within whose jurisdiction the place of business of the investee proprietorship concern/partnership firm or the registered office of the investee company is situated.Documentation: 3. Names of NRI/OCB investors and other details (see note under item II). 4. Certificate/s from the bankers in India evidencing receipt of inward remittance/s in foreign exchange through normal banking channel or withdrawal of funds from the investors NRE/FCNR/NRO accounts. 5. A certificate in form OAC/OAC 1, as the case may be, showing the ownership pattern of the investor(s) if it is an overseas corporate body. I. In the case of proprietorship/partnership concern, please state: 1. (a) Full name and address of the proprietorship/ partnership concern (b) Full name, local and overseas address of the investor, his nationality and origin 2. (a) Amount invested (b) Total capital of the concern (c) Percentage interest held by NRIs (d) Date of investment II. In the case of an Indian company, please state : 1. (a) Full name and address (regd. office) of the company * (b) Number of NRI investors * (c) Number of OCB investors 2. (a) Amount invested by (i) NRIs (ii) OCBs (b) (i) Total capital of the company (ii) Total number of shares/convertible debentures issued (iii) Face value of each share/convertible debenture (iv) Total face value (c) Percentage interest held by (i) NRIs (ii) OCBs (d) Date of investment * [Attach list of NRI/OCB investors giving (a) Sr.No. (b)Folio No. (c)Name (d)Overseas address (e)Nationality and origin (f)No. of shares/convertible debentures issued (g)Face value per share/convertible debentures and (h) Total face value Give grand total of column (f) and (h) List should be certified by the company]. III. Brief description of the activities of the concern/ firm/company IV. (a) Source of funds for non-resident investment i.e. by way of (i) Remittance from abroad (ii) Withdrawal from NRE account (iii) Withdrawal from FCNR account (iv) Withdrawal from NRO account (b) Name/s and address/es of the bank/s receiving inward remittance/maintaining NRE/FCNR/NRO account of the non-resident investor I/We hereby declare that the particulars given above are true and correct to the best of my/our knowledge and belief. I/We confirm that the required undertaking regarding non-repatriation of capital invested in the firm/company and income earned thereon has been obtained from all non-resident investors. Place: Date: (Signature of Declarant/s) Seal Name(s): Designation(s):
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