Question ID :
42248
FEMA
whether an Indian pvt ltd company in which Resident indians share is 75% and NRIs shareholding is 25% can buy agriculture lands in india. thanks n regards
Posted by
madhav rao
on
Mar 31, 2022
Filed Under
CORPORATE & OTHER LAWS
There is no such restriction in the companies act 2013, although one must have to check the local municipal norms where agriculture land is situated.
Posted by
HARJEET on
Mar 31, 2022