Loan from foreign national
This query is : Open
Querist : Anonymous
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
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
Ajay Mishra
(Expert)
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
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
Ajay Mishra
(Expert)
31 March 2012
Hi
FDI in issuer company is not allowed to operate in agricultural/plantation activity, print media or real estate business.
Regards
FDI in issuer company is not allowed to operate in agricultural/plantation activity, print media or real estate business.
Regards
neetu vijay
(Expert)
03 April 2012
hello ajay ..can i get your mail id..i have 1 query..regarding crporate law
Ajay Mishra
(Expert)
03 April 2012
ajaygkp@gmail.com
neetu vijay
(Expert)
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
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
neetu vijay
(Expert)
03 April 2012
hey ajay i have mailed u..can u reply me asap
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