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Share transfer of foreign company from NRI to Indian person.

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(Querist)
01 December 2022 what is the process of share transfer from NRI to RI of foreign company, and approval from RBI and what documents want to submit. can i paid consideration in INR OR not.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
01 December 2022 No formalities in case of INR payment.
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R.K.PATNI

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R.K.PATNI (Querist)
02 December 2022 and if payment in foreign currency
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