FEMA
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 October 2010
General permission of RBI is granted for transfer of shares from NRI to NRI. Is there any restriction on the determination of the sale value or any valuation of share is to be done.
Ajay Mishra
(Expert)
07 October 2010
Dear Friend
Please read master circular issued by RBI on july 1, 2010.
Please find the following link:
https://www.rbi.org.in/scripts/BS_ViewMasCirculardetails.aspx?id=5788
Regards
Please read master circular issued by RBI on july 1, 2010.
Please find the following link:
https://www.rbi.org.in/scripts/BS_ViewMasCirculardetails.aspx?id=5788
Regards
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