Transfer of Shares


This query is : Resolved 

(Querist)
29 October 2009 Friends

An Indian origin of Foreign Citizen holds 40% of shares in an Indian private limited Company wants to sell part of his holding to another foreign citizen. What are the procedures to transfer his shares and what are the tax implications in this case.


RAVEENDRAN V (Querist)
27 November 2009 Friends

An Indian origin of Foreign Citizen holds 40% of shares in an Indian private limited Company wants to sell part of his holding to another foreign citizen. What are the procedures to transfer his shares and what are the tax implications in this case.

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