Nominee qualification in OPC

Corporate & Other Laws

In Corporate law video 57 or part 3, the conclusion drawn, for the case study on whether Nisha has to withdraw her nominee because she has to leave the country post marriage, is that she is not eligible as she is not a resident. However, in the explanation the criteria states that the nominee has to be a. natural person, b. indian citizen, c. whether resident of otherwise. If resident or otherwise is what is stated in rule 3, Nisha can continue to be a nominee. Why it is stated she cannot continue. Please clarify.

John Selvaraj

CA Inter

★ 140

20-Oct-21 22:07

646

Answers (2)

To be qualify for nominee he should be natural person,Indian resident and Indian citizen when she leave the country she will not be an Indian citizen so she is not eligible

Surya Prakash

CA Final

★ 19K+

20-Oct-21 22:16

You are right, Person need not be resident in India for OPC nominee as long as he / she is Indian Citizen, And natural person

Sahibdeep Singh

CA Inter

★ 14K+

21-Oct-21 13:49