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

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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.

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Regarding procedure to make a foreigner, director in indiann company??

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