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Non-Resident as MD of a Indian Pvt Ltd Co.

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(Querist)
01 March 2011 Can a Non-Resident become the Managing Director of an Indian P Ltd Co.? Is there any backlogs in this regard in Companies Act or Income Tax?
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Jayashree S Iyer

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Jayashree S Iyer (Expert)
02 March 2011 As per Schedule XIII Part I, the appointment has to be approved by Central Government.
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Jayashree S Iyer

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Jayashree S Iyer (Expert)
02 March 2011 You have to make an application in Form 25A.
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