Remark: 1  Pacific Standard Time (PST) is UTC-8:00, and Pacific Daylight Time (PDT) is UTC-7:00, this time zone is called the Pacific Time Zone (PT) in the United States and Canada.
Liaison Office of Foreign Insurance Companies. Foreign Insurance companies can establish Liaison Offces in India after obtaining approval from the Insurance Regulatory and Development Authority. Such Insurance companies have been given general permission under FEMA for establishing Liaison Offces in India.Branch Offces. Companies incorporated outside India and engaged in manufacturing or trading activities are allowed to set up Branch Offces in India with specific approval of the Reserve Bank.t the time of winding up of the Liaison Offces, the company has to approach the respective Regional Office of the Reserve Bank with the documents. â¢ Copy of the Reserve Bankâs permission for establishing the Office in India.
1 A company listed on the Stock Exchange can make a 'market purchase' of its shares through the Exchange, if authorised to do so by an ordinary resolution in general meeting. 2  This, too, is subject to the rules on finance mentioned below.he company must keep a copy of any contract to purchase its own shares, or a memorandum of its terms if it was not in writing, at its registered office for 10 years. It must be made available for inspection by members and, if a public company, by any other person. Financing redemption or purchase of own shares.