Dear Friends
In a pvt ltd co. 1shares held by a foreign drector as a nominee. He want to tranfer this share to other what are requirement in this regard.
Ratti Wahal
(Company Secretary)
(139 Points)
Replied 25 November 2009
Rahul,
You are requested to kindly check the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000.
Regards,
Ratti Wahal, ACS
Assistant Manager
Kapgrow Corporate Advisory Services Private Limited
E-173, Kalkaji, New Delhi-110019
Contact No.(s):011-40553774, 9310270885
e-mail: ratti.wahal @ kapgrow.com