Solomon & Co. is a full-service law firm headquartered in Mumbai, the financial and commercial capital of India, with offices in Mumbai and Pune. Founded in 1909, the firm is ranked amongst the most reputed law firms in the country.
The firm provides high-value legal services across a broad range of practice areas, including Corporate, Mergers and Acquisitions, Business and Trade, Banking and Finance, Capital Markets, India entry, Private Equity, Dispute Resolution, Real Estate and Construction, Insurance and Intellectual Property. Since its inception, Solomon & Co. has been advising Indian and international companies, government organizations and individuals on their most challenging transactions. Our clients range from global banks, investment funds and high net-worth individuals to not-for-profit organizations. Solomon & Co. is a member of Alliott Global Alliance in Mumbai, Pune and Goa.
Pursuant to the Reserve Bank of India circular dated 12 February 2015, the Advance Remittance Form and the FCGPR Form must be downloaded from the newly set up "e-Biz" portal of the Government of India, filled in and uploaded.
Pursuant to the Reserve Bank of India circular dated 12 February
2015, the Advance Remittance Form (submitted by Indian companies to
report the inflow of Foreign Direct Investment) and the FCGPR Form
(submitted by Indian companies to report the issue of eligible
instruments to overseas investors against the inflow of Foreign
Direct Investment) must be downloaded from the newly set up
"e-Biz" portal of the Government of India, filled in and
uploaded. Authorized Dealer banks will check the forms and then
transfer them to the Reserve Bank.
This has been done with a view to increasing the ease of
reporting Foreign Direct Investment transactions. However, at
present, online reporting on the e-Biz platform is an additional
requirement and the manual system of reporting will also need to be
undertaken by Indian companies until further notice.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
