Appointment of an NRI Director

This query is : Resolved 

28 April 2011
Can an NRI become a Director of an Indian Company? If yes, then to what extent he can invest in the Company? Is there any RBI restriction on investing?

01 May 2011 The answer shall depend whether the invest is being made on repatriation or non repatriation basis.

Anuj
0-9810106211



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