Incorporation of private limited company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 December 2013
Dear all,
Can a company have an object cl as - To acquire real estate, in any foreign country & to earn rental income & to explore the possibilities of earning income on investment in shares & what kind of approval need to obtain from RBI.
Thanks in anticipation.
Can a company have an object cl as - To acquire real estate, in any foreign country & to earn rental income & to explore the possibilities of earning income on investment in shares & what kind of approval need to obtain from RBI.
Thanks in anticipation.
03 December 2013
No need to take RBI approval for this purpose if you are going to incorporate a company having such objects.
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