accepting Investment to a Private Ltd co. in GCC
Querist :
Anonymous
(Querist) 27 May 2010
This query is : Resolved
our Company is planning to extend its services to GCC Countries. Among our services we provide, accepting investments from clients are also considered.
We need clarification as to what are the options under which a Pvt Ltd co can accept investments as mentioned. (Is investments acceptance possible --- if not can that be phrased as borrowings --- at any case change of ownership in company is not entertained)
Most of the services we offer are online.Finally we would also wish to draft a master client agreement form which can be the base of our services --- to be used when a client is registered.
Raj Kumar Makkad
(Expert) 27 May 2010
You are required to obtain the prior permission of RBI prior to initiation of accepting deposits from general public.
