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Acuisition of foreign concern

This query is : Resolved 
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(Querist)
25 December 2013 Case:
Incorporation of JV in Soth Africa.
One Director of Foreign partner holding shares. After that he retire and transfer all his shares to indian two partners. After that one new foreign partner appointed and transfer some % of shares to that foreign partner by both indian partner.
Whether it is consider as Full/Partial acquition of a foreign concern as per Form ODI, section B ?
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
13 January 2014 Yes.......


Anuj
femaquery@gmail.com
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