No need for address in India of Foreign promoters incorporating company in India


 There is no pre-condition for foreign promoters to furnish local address in India for seeking registration and incorporation of a limited company in India.


It was held that there was nothing in the Act or the applicable Rules which requires the foreign promoters to provide a local address. [Dmitry Rosnin v RoC decided on 16-2-2013, Bombay High Court] However, at least one director should be resident in India.

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