Foreigner shareholder in investment company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 January 2011
Mr X and Mr Y have a pvt. ltd. company that invests and trades in India's stock market and commodities market. Mr X and Mr Y are resident Indians.
They want to induct Mr. Z as a shareholder. Mr. Z is a foreigner.
How can Mr. Z be inducted as a shareholder in investment company so as to comply with SEBI and RBI regulations?
They want to induct Mr. Z as a shareholder. Mr. Z is a foreigner.
How can Mr. Z be inducted as a shareholder in investment company so as to comply with SEBI and RBI regulations?
CA. Anoop Gadia
(Expert)
07 August 2011
yes Mr. Z can be a partner in pvt. investment co.
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