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Purchase of Foreign Stake of India Pvt. Company

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(Querist)
20 June 2008 Dear Friends,

Please Clerify

I want to purchase Share of Indian Private Limited company hold by a person residing out side Indaia(Person Resident Outside Inida)

What would be the procedure & applicability of Foreign Exchange Management Act.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
02 October 2008 There is a guideline issued by RBI in this regard which has to be followed.
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
16 May 2011 Valuation of shares needs to be done and for FC TRS needs to be filed.

Anuj
0-9810106211




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