Dear all,
Are there any "special requirements" if a NR who is person of Indian origin starts a company in India and stays in India only. He wants to be director as well as shareholder of the company. is there any prohibition?
CA Abhilasha Bhagat (ACA) (466 Points)
20 October 2012Dear all,
Are there any "special requirements" if a NR who is person of Indian origin starts a company in India and stays in India only. He wants to be director as well as shareholder of the company. is there any prohibition?
Smriti Dhawan
(Company Secretary )
(347 Points)
Replied 20 October 2012
No special requirement is there for incoproration of Company if Director is NR and is of Indian origin and stays in India.
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies