Loan from foreign national


This query is : Open 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
31 March 2012 Who can be witness for company MOA/AOA. Is it necessary to have a proffesional witness.

31 March 2012 Dear All,

My query is whether i can take a loan of US$ 3,00,000 from my uncle living in Japan for purchase of agricultural land in india. If not whether they can give loan to my Co. & co. will give then loan to its director.

Regards
Amit

31 March 2012 Hi

No, it is not mandatory to sign as witness of MOA/AOA, it can be sign by person who has been authorised to witness the same by promoters.

In case of foreign subscriber it will be witness by the embassy of that country where the subscriber resides.


Regards

31 March 2012 Hi

FDI in issuer company is not allowed to operate in agricultural/plantation activity, print media or real estate business.


Regards

03 April 2012 hello ajay ..can i get your mail id..i have 1 query..regarding crporate law

03 April 2012 ajaygkp@gmail.com

03 April 2012 there is a co. ..incorporated in d year 2007..but since incorporation no formalities regarding roc has been done..co's authorised share capital is 5 lakh nd paid up is rs 1 lac...
in phase 1 co has issued 10,000 shares to both d directors..now wat r d formalities dat a co. is requried to do

03 April 2012 hey ajay i have mailed u..can u reply me asap


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details