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Question ID : 1927

What to do when become a NRI

A person who is becomg NRI should take what kd of steps cludg formation to different govt. agencies viz. RBI etc.. Such aperson has lot of vment various co. shares, immoveable properties( both rential & commercial) and is also MD a company. Can he contue to hold all such vments - shares & properties etc. Can he still act as MD of a co. & perform functions while he comes to dia now & then. How about his vment PPF & LIC etc. '

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Posted by Vijay Gupta on Mar 06, 2006
Filed Under CORPORATE & OTHER LAWS

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