Valuation of shares in a closely held company unde FEMA!!
This query is : Resolved
21 July 2010
Dear Experts,
A Foreign National wants to sell his shares in a closely held company.
But the consideration on the shares can be made only as per the valuation of shares made as per the regulation issued by the RBI from time to time.
It seems there is a new regulation made by the RBI RBI/2009-10/445 A.P.(DIR Series) Circular No.49 dt. May 04, 2010 which is effective immediately.
Experts guide me in this issue whether i am going in the right direction.
It is very urgently required for our client.
With regards,
Rajesh
A Foreign National wants to sell his shares in a closely held company.
But the consideration on the shares can be made only as per the valuation of shares made as per the regulation issued by the RBI from time to time.
It seems there is a new regulation made by the RBI RBI/2009-10/445 A.P.(DIR Series) Circular No.49 dt. May 04, 2010 which is effective immediately.
Experts guide me in this issue whether i am going in the right direction.
It is very urgently required for our client.
With regards,
Rajesh
22 July 2010
where the shares of an Indian company are not listed on a recognized stock exchange in India, the transfer of shares shall be at a price not less than the fair value to be determined by a SEBI registered Category – I - Merchant Banker or a Chartered Accountant as per the discounted free cash flow method.
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- NRI starting business in India
- GST rate and HSN code for sale of racing horses
- Filling ITR - U
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
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
