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Jayanta Bandyopadhyay   25 July 2025

Interest elements in loan agreement _mauritius

We ,family owned unlisted public ltd co, are having a wholly owned subsidiary at Mauritius and both executed loan agreement under ODI ,which mentions interest payable.

However no interest was ever claimed nor received by India owned parent company.  Is it violation? 

Books of account is having no entry.



 1 Replies

Dr. J C Vashista (Advocate )     26 July 2025

Being a commercial overseas query you should seek professional services of a prudent lawyer.


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