Legal Question in Banking Law in India

I am a little confused by the replies to my original question. Perhaps, I should make my query clearer.

What is the procedure for the issue of shares to a foreign director of an indian company eligible for the automatic route of RBI?


Asked on 2/16/10, 8:45 am

2 Answers from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

once the foreign director is eligible for automatic route and RBI has given him permission to get the share transferred in his name, then the general process of transfer would follow.

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Answered on 2/16/10, 7:54 pm
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

Your question is again vague and academic. you may state your problem if you would want an appropriate opinion concerning facts of your case.

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Answered on 2/17/10, 9:40 am


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