PAN requirement for foreign nationals: declaration allowed when no PAN; resident directors must provide PAN at incorporation. A foreign national subscriber or promoter who lacks a Permanent Account Number (PAN) must attach a prescribed proforma declaration to the incorporation form stating they are not required to obtain PAN, have not been issued PAN, and will furnish PAN to the Registrar of Companies when allotted; a proposed company's resident director must submit PAN details at incorporation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
PAN requirement for foreign nationals: declaration allowed when no PAN; resident directors must provide PAN at incorporation.
A foreign national subscriber or promoter who lacks a Permanent Account Number (PAN) must attach a prescribed proforma declaration to the incorporation form stating they are not required to obtain PAN, have not been issued PAN, and will furnish PAN to the Registrar of Companies when allotted; a proposed company's resident director must submit PAN details at incorporation.
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