We (70 NRI's) are interested to setup animation studio in Bangalore along with one of our Bangalore friend. We are ready to invest Rs. 20 lakh each (70 * 20 = Rs. 14 Crore). Authorize capital would be Rs. 10 lakh. My Bangalore friend will own 50% shares and remain shares will be equal distribute with NRI 70 friends. How we can make this to work in new private limited company.
Dear all,
Please help me in understanding the consolidated statement regarding profit& Loss statement.
in the ledger account given by the client there are some transactions like Payin and payout and inter segment Adjustment, Margin Trf to main A/c.
what are the above terms, please guide me in understanding the same at the earliest
Thanks in advance,
awaiting the reply
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Dear Experts,
We are Private limited company. We are getting the investment(repatriable) from abroad.
Kindly let me know the procedure to claim the amount.
Thanks in Advance
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