Regarding procedure to make a foreigner, director in indiann company??
Rahul Kashyap
(Querist) 31 May 2013
This query is : Resolved
SIR,
I WOULD LIKE TO SELL THE SHARES OF MY COMPANY TO A CITIZEN OF BAHAMAS & WANT TO MAKE HIM A DIRECTOR IN MY COMPANY. SO I WANT CLARIFICATION ON FOLLOWING POINTS:
1. HE WILL INVEST IN MY SHARES SO IT WILL BECOME F.D.I.. SO WHAT ARE THE REQUIREMENTS TO BE FULFILLED.?
2. WHAT ARE THE APPROVALS I WANT TO TAKE FROM F.I.P.B. OR R.B.I.?
3. WHAT ARE THE REQUIREMENTS TO BE FULFILLED FOR M.C.A. APPROVAL.?
DETAILED PROCEDURE
R.K Nanda
(Expert) 31 May 2013
contact ur co.LA.
Rahul Kashyap
(Querist) 31 May 2013
sir i just want to know the procedure
Raj Kumar Makkad
(Expert) 01 June 2013
You being a commercial institution, should not depend upon charity site rather should avail the services of a specific lawyer making payment to him. Don't take free advice for such vital procedure.