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Ravindra M. Mandale (Assistant)     02 December 2011

Query

Can NRI be a partner in partnership of builders & developers business.



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 2 Replies

pervez

pervez (adviser)     03 December 2011

Yes, the shareholding must be less than 26%... search RBI guidelines on its website... necessary formsmay have to be filed with RBI and RoC to this effect..

Saurabh

Saurabh (NA)     13 December 2011

i want to start a sports club in delhi. could anyone tell what are the formalities and procedure to be followed.

Any suggestion in this regard is highly appreciated.

Thanks in advance. 


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