Un-paid shares, in name of non-resident as per moa,tranfer

Varun Sharma (Proprietor-Sharma Varun & Co.)   (244 Points)

22 August 2016  

A newly incorporated company having a Non-Resident as subscriber to 90% of the shares. Non-Resident has not paid any amount for shares to the company. 

Above shares needs to be transferred in name of a Resident in India.

Please help me with procedure for the same, along with sharing required resolutions.