banner_ad

Transfer of shareholding in a private company

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 December 2016 The director of my company and his spouse hold 80% shareholding (40% each) in a domestic private company. The balance 20% is held by its Singapore counterpart.
Now, the director wishes to transfer 30% to the said Singapore counterpart taking the final Shareholding to 50% by the director and his spouse and 50% by the Singapore counterpart.
What procedures and guidelines should be followed to execute the above transfer?
Please Advise.
Profile Image

Kumud prasad

Profile Image

Kumud prasad (Expert)
09 December 2016 Pushkar,
Directors can transfer their shares as per FEMA and RBI Regulations.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details