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    Individual Shareholder Recently Became NRI FEMA Issues

    Posted By : SHALU / Published on : 22-Sep-2021 11:48 AM / View : 442 / Comment : 0

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    Hello All,

    An Individual Shareholder of a Private Limited Company was RI when he subscribed to MOA and AOA at the time of incorporation about 10 Years back. He recently became NRI due to his Employment abroad. Compliance under the Companies Act, 2013 have been done and he is NRI in the records of ROC / MCA.
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