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Can NRI take shares as consideration instead of money
26-Jul-2023 (In Corporate Law)
Hey! i have a doubt regarding can an Indian company who is taking shares from NRI gives him shares as a consideration instead of money, can it be done ?? and also my doubt is whether the NRI is capable of taking the shares as a consideration .. if yes please tell me the guidelines ?
Dear Sir,
Your query is not clear kindly provide details as to against what you are seeking consideration.
However, an NRI. Can have a stake in the business in the form of equity.
Kindly share the details of nature of business and your role, to help me advice you better.
Regards
Pragya Wazir
Your query is not clear kindly provide details as to against what you are seeking consideration.
However, an NRI. Can have a stake in the business in the form of equity.
Kindly share the details of nature of business and your role, to help me advice you better.
Regards
Pragya Wazir
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Adv. Pragya Wazir
Delhi | 100+ Answers
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