11 June 2011
I have a client in Building & Development line for which i had consulted a CS for forming a Pvt company. One of the 2 Directors who is investing all the funds is a Non Resident. the PSR is supposed to be 33% and 67%. But due to mistake by CS he made it 50-50% everywhere ROC, MOA. The MOA will also have to be submitted to High Court for permission for inflow of huge funds. Please suggest me the way out.
CAclubindia
