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Procedure - Transfer of Shares, FEMA

Issue Id: - 1651
Dated: 14-12-2009
By:- shifaul islam

Procedure - Transfer of Shares


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detailed requirement and procedures for transfer of sahres of an Indian Pvt. Ltd co. by one foriegn Shareholder to anothe foriegn shareholder. osmani11@rediffmail.com

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1 Dated: 16-12-2009
By:- Dinesh Gupta
This issue involves various issues, whether the same is related to subject FDI, holding percentage or any other restrictive policies. As a general view, transfer of shares by one foreign shareholder to another shareholder is not restricted (except as stated herein before. Also regarding tax ability in Income Tax also may have some issues.

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