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Registration of a comapny

(Querist) 09 June 2015 This query is : Resolved 
Dear Learned Members, please guide me on the following issue: We are planning to float a new Software Development Pvt. Ltd. Company with 2 Directors (they will be the Shareholders as well) with a Share Capital of Rs.1.00 lac. One of the Director/Shareholder is a NRI. Please let us what is the amount he can invest as Share Capital, whether there is any ceiling to it and whether he can get this amount through Automatic Route. Thanks in advance for the support.
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adv.bharat @ PUNE (Expert) 31 December 2016
Yes limit it 10 lakh for one FY.
Rajendra K Goyal (Expert) 31 December 2016
Commercial query, discuss with / take assistance from local consultant.

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