Can nri give loan to pvt ltd company?
This query is : Resolved
11 April 2013
Can a NRI give a loan to an Indian Pvt Ltd Company? the NRI is a distant relative of one of the Director of the Company. the Company is ready to make him a Shareholder of the Company is its necessary. Please Help.
State references for your answer.
Thank You.
State references for your answer.
Thank You.
11 April 2013
You need to follow ECB guidelines before entering into any such transaction.
Anuj
femaquery@gmail.com
Anuj
femaquery@gmail.com
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