Opening bank accounts

PRADEEP PUNNAKKAL (Querist) 06 November 2018 This query is : Resolved
Search Results for :Two Directors of an Indian Private limited Company are foreign nationals. For opening a Company Bank account in India, whether the foreign directors has to come to India and affix their signatures in the account opening forms. The foreigners are not signatories for operating the account. Please guide me.

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Isaac Gabriel (Expert) 06 November 2018
NRI s can open account in india thorugh the power of attorney duly certified by the Embssay.

Dr J C Vashista (Expert) 07 November 2018
1.Commercial and procedural query, engage a professional.
2. No dispute involved for consideration, analyses and obligation from legal experts.

P. Venu (Expert) 07 November 2018
Have you discussed the issue with the Bank concerned?

Sudhir Kumar, Advocate (Expert) 08 November 2018
ask bank.

krishna mohan (Expert) 13 November 2018
Opening account for company will require board resolution, powers conferred by the board etc., It will require professional service. You can proceed as advised by the bank.

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