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Transfer of Shares, FEMA

Issue Id: - 3751
Dated: 23-1-2012
By:- Reshma kochar

Transfer of Shares


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Dear Experts,

I have a query in FEMA.

A NRI holds some shares in TATA Steel and now wants to transfer these shares to his father in India as gift.

Is this allowed in terms of FEMA? If yes what will be the procedure.

Please share you views.

Regards,

Reshma

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 14-1-2015
By:- MARIAPPAN GOVINDARAJAN

Have you done so? If not yet clarified please inform me along with the latest position.


Page: 1

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