NRI Directorship
This query is : Resolved
30 January 2009
Can we appoint NRI as a Director of an Indian company. If yes, any permisssion/declaration is required from RBI
CA. B.SRINIVASULU
(Expert)
30 January 2009
You can appoint an NRI as a Director of an Indian company. The permission of rbi is not necessary if shares on not alloted to him.
HOwever you have to file necessary forms to roc after he becomes a director of the company.
HOwever you have to file necessary forms to roc after he becomes a director of the company.
31 January 2009
THanks. Can you tell under which section it has been clarified.
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