DEAR ALL
PLEASE HELP ME OUT THE LEGAL PROCEDURES FOR TRANSFER OF SHRES IN INDIAN COMPANY HELD BY A NON RESIDENT TO A RESIDENT WHAT ARE THE LEGAL REQUIREMENTS TO BE FOLLOWED
THANKS IN ADVANCE
K MADHUSUDHANA RAO
Madhu (student) (65 Points)
27 September 2010DEAR ALL
PLEASE HELP ME OUT THE LEGAL PROCEDURES FOR TRANSFER OF SHRES IN INDIAN COMPANY HELD BY A NON RESIDENT TO A RESIDENT WHAT ARE THE LEGAL REQUIREMENTS TO BE FOLLOWED
THANKS IN ADVANCE
K MADHUSUDHANA RAO
Ajay Mishra
(Company Secretary)
(74337 Points)
Replied 27 September 2010
Dear Mr. Madhu
For transfer of shares, read FEMA regulation alon with Master Circular 2010 as issued by RBI which is enclosed hereith.
Regards