An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same?
Originally posted by :Anita | ||
" | An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? | " |
Originally posted by :Anita | ||
" | An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? | " |
Originally posted by :Anita | ||
" | An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? | " |
Originally posted by :Anita | ||
" | An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? | " |
Originally posted by :Guest | ||
" | Simply receive consideration for the same. Execute the Deed. Form FC TRS to b filed at RBI through AD and then a Company shall approve this Transfer at the BM. | " |
Shivaram
(Service)
(81 Points)
Replied 01 December 2008
Originally posted by :Anita | ||
" | An Indian company wants to transfer its 100% shareholding to NRI. So please explain in detail what r the provisions and procedure for the same? | " |
Dear Anita,
Kindly refer RBI/2004-05/207 Circular No 16 dated 4th October, 2004