B Samrish & Co. Company Secretaries - New Delhi

4.6/5 based on 8 reviews

B.Samrish & Co.Company Secretaries - Bsamrishindia.com

B. Samrish & Co. is a firm of Practicing Company Secretaries, currently operating from Delhi and Bengaluru. It is registered with the Institute of Company ...

About B Samrish & Co. Company Secretaries

Overseas Direct Investment (ODI)

An Indian Party which intends to invest outside India can make the Investment by following Regulations issued by Reserve Bank of India. Under Overseas Direct Investment or ODI Regulations an investment can be made outside India in a Joint Venture (JV) or Wholly Owned Subsidiary (WOS) either under Automatic Route or Approval Route. The investment is made by contribution to capital, subscription to memorandum of a foreign company, or acquisition of existing shares of a foreign entity by market purchase, private placement or stock exchange.

Here Indian Party shall mean, a company incorporated in India or a body created under an Act of Parliament or a partnership firm registered under the Indian Partnership Act 1932 or a Limited Liability Partnership (LLP) incorporated under the LLP Act, 2008 and any other entity in India as may be notified by the Reserve Bank.

Automatic Route

Under Automatic Route, an Indian Party does not require prior approval of Reserve Bank of India for making overseas direct investment in JV or WOS abroad. The Indian Party should approach Authorised Dealer (AD) Bank with prescribed documents and an application in Form ODI to effect remittances towards such investments.

Conditions for ODI under Automatic route:

  • Financial commitment i.e maximum Investment that can be made by Indian Party should not exceed USD 1 billion or 400% of its net worth (whichever is lower).
  • The Indian Party should not be on RBI’s Exporters’ caution list/list of defaulters or under investigation by any investigation/enforcement agency or regulatory body.
  • The Indian Party should route all the transactions related to investment in a JV/WOS through a single branch of AD Bank, designated by the Indian Party.
  • Valuation requirements should be complied with.

Approval Route

Proposals that are not covered by conditions under Automatic Route require prior approval from Reserve Bank of India. For approval, a specific application in Form ODI, with documents prescribed therein, is required to be submitted through the AD Bank. Also, proposals shall require prior permission from RBI if:

  • Investments in energy and natural resource sector is in excess of prescribed limit of financial commitment.
  • Investments are by proprietorship concerns and unregistered partnership firms
  • Investments are made by registered trusts/societies.

Overseas Direct Investments by Resident Individuals

The limit of overseas direct investment by the resident individual is governed by the provisions of Liberalised Remittance Scheme. It shall be within the overall limit prescribed by the Reserve Bank of India, as prescribed from time to time. At present, any individual can freely remit up to USD 2,50,000 per financial year. Transactions in excess of USD 2,50,000 require prior approval of RBI.

To know more about general requirement, prohibitions and common violations under ODI, please visit:

Contact B Samrish & Co. Company Secretaries

Address :

94, Pocket 4, Sector 11 Dwarka, Dwarka, New Delhi, Delhi 110075, India

Phone : 📞 +98
Postal code : 110075
Website : https://bsamrishindia.com/
Categories :

94, Pocket 4, Sector 11 Dwarka, Dwarka, New Delhi, Delhi 110075, India
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Gyanendu Shekhar on Google

B Samrish & Co. Company Secretaries is a firm of Practicing Company Secretaries in Delhi which specializes in solving the complexities of company law and company secretarial practice promptly and correctly and with an attention to detail and personal services. An established firm of Company Secretaries providing company secretarial services to both public and private companies. They are acknowledged experts in all areas of company secretarial practice and company law with a broad client base of exceptional depth and quality. It offers services in a wide range of sectors, primarily advising board members of their responsibilities and implementing board decisions. Properly managed secretarial services will keep you out of trouble at any International Business Registry and with third parties, such as banks, creditors, trustees, etc. Mr. B Samrish has more than 20 years experience of Company Law including Shifting of registered Office, Change of Objects Clause, Change of Name of the company, Public & Rights Issues, Private Placement, Convening & Holding of General Meetings & Board Meetings, Maintenance of all Secretarial records, Compliance of Provisions of Listing Agreement of Stock-Exchanges, S.E.B.I. Guidelines & Reserve Bank of India Directions. Good Exposure of Accounts, Tax Laws, Financial Services, Money management, Stock Broking, Consumer Protection Laws and Business Administration. Liasioning with Registrar of Companies, Company Law Board, Various Stock Exchanges, Consumer Court & Director General of Foreign Trade. The indicative list of assignments handled by B Samrish @ Co. and the services provided to the clients is as below : •Registration and incorporation of company. •Maintenance & updation of all secretarial records. •Changes to the Memorandum & Articles of Association. •Change of name of the company. •Certification of Annual Return, Share Transfers, dematerialisations of Shares etc. •Liaisoning with Registers of Companies, Stock Exchanges, Company Law Board. Reserve Bank of India, DGFT and other Government authorities. •Private placement •Shifting of Registered Office. •Conversion of Financial data to XBRL and filing thereof. •Incorporation of and conversion to section 25 ( non – profit ) company. •Merger, amalgamation and takeover. •Secretarial Audit and issue of Compliance Certificate. •Corporate Governance Certification. •Compounding of offences. •Arranging and conducting Board and General Meetings. •Consultation on Stock Market Operations. •Preparation, Execution & registration of legal documents. •Liaison & Interaction with Merchant Brokers and Share Transfer Agents. •Handling of all Secretarial, financial, taxation and legal functions of the Company •Compliance of previsions of Listing Agreement of Stock-Exchanges, S.E.B.I. Act & Regulations & Reserve Bank of India directions. •Expert advice on financial, stock market and money matters. •Services under Consumer Protection Act.
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Ajay Singh on Google

We have a good experience with B Samrish & Co. for job assigned for various compliance such as secretarial, legal and XBRL filing. All the jobs were done on time with utmost satisfaction. All the Team member of firm are proficient in their work and committed to provide the services on time. Ajay Singh Director (Finance) Unihorn India Gurgaon.
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Mahendra Kumar on Google

I am extremely satisfied with their approach and services regarding compliances. They go extra miles to understand their client's need and give solutions accordingly. I reccomend "B Samrish & Co" as my preferred CS service provider.
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Sapna Gupta on Google

We engaged the firm B. Samrish & Co. for modification of the scheme of demerger under Section 231 of the Companies Act, 2013. The application was filed with the Hon’ble Delhi High Court. Because of MCA Notification dated 7th December, 2016 the matter got transferred to the NCLT. The firm provided excellent support in advising and appearances before NCLT. They were also helpful in dealing with the office of the Regional Director (RD north) / Registrar of Companies (RoC). They have an excellent team of committed professionals.
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Dinesh Sharma on Google

I have been using services of B. Samrish & company for more than 3 years now. Three of my companies are being handled by Samrish and Team. Very prompt in their service and reply, they make an extra effort to see that the customer interests are protected all times.
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Uday Rana on Google

This CS (Company Secretaries) firm is trustworthy and reliable for various MCA filings. The team is young and customer centric. Proper attention is paid to each client and they are approachable at all times. The team aims to collaborate with the client for the task at hand and they remain flexible to meet client needs. I have used their services and highly recommend them to others.
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Rashmi Kumar on Google

We had been taking services of B Samrish & Co regularly for all kind of complex matters related to Companies Act 2013,FEMA & RBI compliances. LLP compliances etc.Samrish and his team responds promptly.They ensure client satisfaction and proper compliance.
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Simratjeet kaur on Google

An opportunity to work at B. Samrish & Co. (BSC) was a stepping stone for me in my career as a CS. The team helmed by Mr. Samrish provide perfect environment to learn nitty gritties of the profession. Each query is dealt with patience and effort is made to answer all the queries of the client. At BSC, importance is given to pursue one’s quest for knowledge, foster harmony within the team and to try to maintain a balance between work and personal life. I have learned a lot here, not only about work related to our field / industry but about things that matter most as an individual. I thank the team for their guidance and warmth.

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