Procedure for transfer of shares to NRI

Anita (C.S.Trainee) (26 Points)

21 August 2008

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?

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(Guest)

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?	"

(Guest)

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?	"

(Guest)

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?	"

(Guest)

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?	"

(Guest)

share transfer procedure to NRI

(Guest)

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