Transfer of shares from non resident to resident
This query is : Resolved
01 September 2012
ear Friends,
The promoters of a Pvt. Ltd. Company transferred their 98% stake to a Non Resident Indian last year. Now the promoters wants to purchase those shares back and the said NRI is ready to sell the shares to them.
Is there any permission of RBI or Govt. is required for above the items are 100% automatic route.
Can any0ne please E mail the checklist for this item.
The promoters of a Pvt. Ltd. Company transferred their 98% stake to a Non Resident Indian last year. Now the promoters wants to purchase those shares back and the said NRI is ready to sell the shares to them.
Is there any permission of RBI or Govt. is required for above the items are 100% automatic route.
Can any0ne please E mail the checklist for this item.
01 September 2012
Hi
Page No.20, 92 and 96 of FDI Policy issued by DIPP will help you.
Go to the following link:
https://dipp.nic.in/English/Policies/FDI_Circular_01_2012.pdf
Page No.20, 92 and 96 of FDI Policy issued by DIPP will help you.
Go to the following link:
https://dipp.nic.in/English/Policies/FDI_Circular_01_2012.pdf
01 September 2012
Thanks a lot.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TAN for Partnership
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- Free lancer income
- What is provisional receipt number for generation of form 16A
- TDS related Query_Liquidated Damages
- LTCG for Assmt year 26-27
- NON- SUBMISSION OF LLP FORM 3
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
