Unsolved_Practical Problems_1

ARIHNAT Ltd company incorpoated in India, want to start FM Radio services and for the same purpose company wants to allott certain shares to USA company for providing technology for starting radio services....Advice the board of directors of company what steps or formalities are required to be observed in this regard if it is allowed under the FEMA ? What maximum number of shares can be issued to foreign company ? Which kind of shares can be issued ?