Single format · FV08-B3-1

Valuation certificate under Rule 21, issue or transfer of equity instruments involving a person resident outside India

A single format from the Pricing Guidelines, What FEMA Requires on Price pack. Rule 21 NDI Rules 2019.

Length
2 pages
Blanks to fill
50
Files
Word and PDF
Law stated to
16 September 2026

What it covers

  1. 1Valuation certificate under Rule 21, issue or transfer of equity instruments involving a person resident outside IndiaRule 21 NDI Rules 201950 blanks

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

On the letterhead of the Chartered Accountant in practice / practising Cost Accountant (for a swap: SEBI-registered Merchant Banker holding valuation registration through its separate business unit, or an investment banker registered outside India)

CERTIFICATE OF FAIR VALUE
UNDER RULE 21 OF THE FOREIGN EXCHANGE MANAGEMENT (NON-DEBT INSTRUMENTS) RULES, 2019

To
The Board of Directors
[Name of the company]
[Registered office]
CIN: [Company's CIN]

11 more paragraphs and tables follow in the full format.

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