We are a private limited company and want to transfer our all shares to its shareholder which is a foreign company. Company has two foreign shareholders. We want to transfer some share of its one foreign shareholder to the other foreign shareholder. And again from one foreign shareholder company we want to transfer share to an Indian company. Question is little complicated and my questions are- 1. what company law compliance we need to do, like board resolutions, ROC etc. 2.What RBI compliance are required to be done.
For more details about transfer of shares between NRI, i will suggest you to read Master Circular issued by RBI on Foreign Direct Investment in India (FDI). This Circular will help you.