Question ID : 44760

OCI Holder are partners and holding 99%

A partnership firm floated with 3 partners out of which 2 partners are Overseas Citizen of India and both of them contributed 99% of capital and profit sharing also 99%. Please clarify whether OCI can float partnership firm and contribute 99% capital and what are the compliances to be made

posted by E VARALAKSHMI on Dec 16 2024 12:00AM