Filing of FCGPR

FC-GPR is not filed alone. The FC-GPR filing can be done along with other supporting documents through the RBI.

A strict penalty can be imposed by RBI if any company will not adhere to the rules and compliances of the RBI. The penalty is not fixed but it varies from case to case. The penalty cannot exceed INR 5 lakhs of the total amount of investment by the company.

FCGPR Filing Timeline

The company is required to fulfill other necessary details and procedures before filing for the FC-GPR. The FC-GPR filing due date is 30 days from the date of the issue of insecurities to the company. 

Following information and documents such as Unique Identity Number by the RBI, KYC, Company Secretary Certificate, etc are required to be obtained by the company prior to the filing of FC-GPR.

For other such precise and short articles on a plethora of legal topics and for best legal  is the best place for you.