Fema exchange of shares

This query is : Resolved 

28 August 2013 A and Indian Individual has some shares in an Indian Private Limited Company ( B ) which is a subsidiary of US company ( C ).Now in an internal arrangement A wants to exchange his shares in Indian Company A with membership rights of US company C. What are the compliances to be made in this regard.

Jugraj

28 August 2013 Hi

Please confirm, whether Mr. A transfer his shares to Indian company/Indian Resident or to US company.



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