Please give the procedural for the transfer of shares of an Indian Company held by a foreign national( individual) to a Foreign Corporate Body.
karn
(trainee)
(172 Points)
Replied 07 August 2010
| Originally posted by : Neeta | ||
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Please give the procedural for the transfer of shares of an Indian Company held by a foreign national( individual) to a Foreign Corporate Body. |
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No compliance as per FEMA all you need is to pass a board resoloution to transfer the shares also plz check if ant law prevailing applicable in the foreign country.
thanks®ards
karan gandhi
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