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Share holders

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(Querist)
06 September 2021 Is NRI can become share holder of Indian private company,If yes means what kind of documents and complainces they should provide to ROC
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 September 2021 Yes, company will take care of reporting requirements.
You need to pay for the shares issued.
Recipt of foreign currency to be reported to RBI by the company. Issue of shares to be reported to MCA.
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CS Divesh Goyal

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CS Divesh Goyal (Expert)
06 September 2021 1. yes they can become shareholders of India Company.
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CS Divesh Goyal

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CS Divesh Goyal (Expert)
06 September 2021 2. You have to comply with FEMa guidelines. To know more ping me in person.

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