Checklist for documents to be submitted at concerned authorities for FDI approval

S.No. Document
1. Certificate of Incorporation of the Investee & Investor Companies/Entities*

(Investee company may be a proposed entity and may not be incorporated)

2. Memorandum of Association (MOA) of the Investee & Investor Companies/Entities*
3. Board Resolution of the Investee & Investor Companies/Entities*
4. Audited Financial Statement of Last Financial Year of the Investee & Investor Companies/Entities*
5. Article of Association of the Investee & Investor Companies/Entities*
6. List of Names and addresses of all foreign collaborators along with Passport Copy/Identification Proof of the Investor Company/Entity*
7. Diagrammatic representation of the flow and funds from the original investor to the investee company and Pre and Post shareholding pattern of the Investee Company*
8. Affidavit stating that all information provided in hard copy and online are the same and correct*
 

9.

Signed copy of the JV agreement/shareholders agreement/technology transfer/trademark/brand assignment agreement (as applicable), in case there are existing ventures
10. Board resolution of any joint venture company
11. Certificates of Incorporation and charter documents of any joint venture/company which is a party to the proposed transaction
12. Copy of Downstream Intimation
13. Copy of relevant past FIPB/SIA/RBI approvals, connected with the current proposal (in case of amendment proposal)
14. Foreign Inward Remittance Certificate (FIRC) in case investment has already come in and in case of post-facto approval
15. Inthecasesofinvestmentsbyentitieswhichthemselvesarepooledinvestment funds, the details such as names and addresses of promoters, investment managers as well as all the contributors to the investment fund
 

16.

List of the downstream companies of the Indian company and the details of the equity held by the Indian Company along with the details of the activities of the companies
17. High Court order in case of a scheme of arrangement
18. Valuation certificate as approved by a Chartered Accountant
 

19.

Non-compete clause certificate of the investor and investee company in case of investment in pharmaceutical sector (As per Annexure 10 of Consolidated FDI Policy Circular of 2016), and as amended from time to time
20. Certificate of statutory auditors as mandated in the FDI policy, as applicable

*denotes mandatory documents

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