Imran Hingora (Learner) (248 Points)
17 August 2015Hello,
can a foreigner become a shareholder and director in an Indian Company?
Can he obtain a DIN without PAN?
prakash
(Company Secretary)
(1352 Points)
Replied 17 August 2015
Dear Imram,
Yes, a foreigner can be appointed as Director by obtaining DIN without having PAN, refer sections 153 to 159 of the CA, 2013 and helpkit of Form DIR-3 and be shareholder of indian company by complying regulations stipulated under FEMA Act.
CAclubindia
