Transfer shares from resident foreigner
This query is : Resolved
20 August 2013
company is 1 year old small pvt.ltd.company doing business in tea /snacks etc.
One of its sharehlder,a french white shareholder cum director wants to sell his shares to another french-white-shareholder.
both were resident indians as per fema as they reside in mumbai since 2 years.
my question is- >fctrs form is required to be filed under FEMA or just simple share transfer forms are enough?
regards, ca kunjan shah, www.nsc.in , 9820750784, practising ca., mumbai
One of its sharehlder,a french white shareholder cum director wants to sell his shares to another french-white-shareholder.
both were resident indians as per fema as they reside in mumbai since 2 years.
my question is- >fctrs form is required to be filed under FEMA or just simple share transfer forms are enough?
regards, ca kunjan shah, www.nsc.in , 9820750784, practising ca., mumbai
21 August 2013
I feel that FEMA has no role to play in the situation provided by you.
You may comply with company law procedures only.
Anuj
femaquery@gmail.com
You may comply with company law procedures only.
Anuj
femaquery@gmail.com
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
- About TDS & Income Tax
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Not able to file ITR
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
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
