Gifted share by Foreign company.
Ram Coolkarni (1 Points)
01 August 2019
Can Indian resident hold gifted share (by company itself) of listed or not listed Foreign company ?
2 Replies
Durgesh Mourya
(219 Points)
Replied 04 August 2019
Yes, you can hold any kind of share but you have to declare under the law with proper procedure.
Prachi Bansal
(3134 Points)
Replied 03 July 2021
yes you can hold shares by foreign companies as well
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