How much % of share holding may be of foreign member/dirctor
This query is : Resolved
13 February 2010
Dear Experts,
How much % of shareholding may be of a foreign shareholder/director in an Indian Private Limited Company ?
An Indian company to be formed in which there be two director e.g. one from US citizenship and second one from india. Further, US director wants to hv 51% holding.
Business of the company would be selling garment through internet in india.
Please suggest wht procedure to be followed.
How much % of shareholding may be of a foreign shareholder/director in an Indian Private Limited Company ?
An Indian company to be formed in which there be two director e.g. one from US citizenship and second one from india. Further, US director wants to hv 51% holding.
Business of the company would be selling garment through internet in india.
Please suggest wht procedure to be followed.
23 February 2010
The investment can be as high as 100% depending on the guidelines prescribed by the Department of Industrial Policy.
As regards the business under review, sorry am not aware. Please refer the govt website for precise details.
As regards the business under review, sorry am not aware. Please refer the govt website for precise details.
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