Purchase of Foreign Stake of India Pvt. Company
This query is : Resolved
CA. Aryendra
(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.
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.
S.Srinivasaraghavan
(Expert)
02 October 2008
There is a guideline issued by RBI in this regard which has to be followed.
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
Anuj
0-9810106211
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