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TRANSFER OF SHARES TO NRI- VALUATION, Corporate Laws / SEBI / LLP

Issue Id: - 115700
Dated: 22-11-2019
By:- Richa Goyal

TRANSFER OF SHARES TO NRI- VALUATION


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Ours is a new company and no work has been done yet. one shares holder has transferred shares to NRI at face value . Form FC TRS has been filed. Query from RBI is -" please submit valuation report from SEBI registered valuer".

Question : Do we require to submit a share valuation report from a SEBI registered valuer when the company has been newly incorporated and there are no business conducted yet by the company.

Posts / Replies

Showing Replies 1 to 2 of 2 Records

Page: 1


1 Dated: 23-11-2019
By:- Rajendra Prasad

Dear Richa Goyal,

Please submit balance sheet of the company as on the date of transfer and explain the same . They may accept it.


2 Dated: 26-11-2019
By:- Richa Goyal

thanks ... shall do the same


Page: 1

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