17 February 2014
"X" a indian company has tranfferd its shares to Company "Y". The purchasing company has alloted 1 shares to its Director "A" as nominee. My Question is can A sign the declaration in Form FC-TRS in the capacity of Director on behalf of Purchasing co. as well as in the capacity of a Nominee.
And also tell whether more than one buyer can be disclosed in Form FC-TRS.
17 February 2014
ICAI has not come out with consequences yet. but some people are facing the problem that they are not being allowed to register for GMCS-I after completion of 1 year. so kindly contact your regional office and see whats there view on this. if they permit, immediately go for the GMCS-I registration.
CAclubindia
