Form FC-GPR is issued by the Reserve Bank of India (RBI) when a company receives a foreign investment and for such investment, the company allots shares to the foreign investor, then the company must record the details of such allotment shares using the FC-GPR form.
Any delay in reporting beyond the permissible period shall attract penalty. The penalty is subject to a minimum of 5000 rupees and maximum of 5 lakh rupees per month or part thereof for first six months of delay and thereafter twice that rate.
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