Form FC TRS , Fema transfer of securities

Hi..

U r absolutely right! As per FDI Circular dated 01.07.2010 issued by RBI, Form FC-TRS is tobe filed only in case of transfer of shares from resident to non-resident or vice versa and not in case of preferential allotment! However, in my opinion u will have to File Part A of Form FC-GPR with the RBI Through the registered Authorised Dealer within 30 days from the allotment of shares......

Hope this solves your query!

God Bless

Udit Sharma 

I also agree with Sharma Ji................

Yes you have to file fc-gpr. A

... my doubt is clear now..

thank u

Dear All,

Is form FC TRS required evenif securities IN DEMAT FORM have been transferred from Resident to non-resident or vice-versa?

please help.........

Yes FCTRS is required even if it is in Demat form.

Originally posted by : Jaideep
	Yes FCTRS is required even if it is in Demat form.

i also agree with Jaideep.

Dear Members,

I need to know what is the effective date of transfer of shares from a resident to a non-resident????

whether it is when the transfer deed is signed or Form FC TRS is filed.

Waiting 4 reply...

Ms Sonia

Definitely share transfer process can be started immediately on getting the intimation from Authorized Dealer Bank  as "FC TRS process is successful" but before the register of members (shareholders) is closed due to AGM.

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