Dividend remittance pack, checklist for the AD Category-I bank
A single format from the Paying a Dividend to a Non-resident pack. Current account transaction · FEM (NDI) Rules 2019.
- 2 pages
- 68
- Word and PDF
- 12 September 2026
What it covers
- 1Dividend remittance pack, checklist for the AD Category-I bankCurrent account transaction · FEM (NDI) Rules 2019
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
Internal checklist — to be completed and filed before the remittance application is submitted
Company: [ABC Private Limited] · CIN [Company's CIN] · PAN [Company's PAN] · TAN [Company's TAN]
Shareholder: [Non-resident shareholder's name], resident of [country] · Shares held: [Number of equity shares held] · Basis: [Repatriation / Non-repatriation]
Dividend declared on: [Date the dividend was declared] · Last date for payment under s.127: [Last date for payment under s.127]
AD Category-I bank: [AD Category-I bank's name], branch [Bank branch] · Account: [separate account under s.123(4), A/c no. ____]
# | Document | Reference / date | Held |
|---|---|---|---|
1 | Application-cum-declaration for outward remittance in the bank's format, with the dividend purpose code | [____] | [Y / N] |
2 | Request letter to the AD bank on the company's letterhead | Dated [DD.MM.YYYY] | [Y / N] |
3 | Certified copy of the resolution declaring the dividend [members' ordinary resolution / Board resolution] | Dated [DD.MM.YYYY] | [Y / N] |
4 | Audited financial statements for the year [2025-26] with the auditor's report | [____] | [Y / N] |