What is the procedure with related documentation/resolutions, to transfer say 5000 equity shares (one Share Certificate is issued for these 5000 equity shares) of a pvt. ltd. company held by resident individual shareholder, say 3500 equity shares to a non-resident individual and balance of 1500 equity shares to resident individual?
Menu
Transfer of Shares
Replies (2)
Hi,
Please find enclosed herewith minutes of Board Meeting containing split of share certificate.
Regards
Dear Mr. Singh,
Non resident individual is proposed to be taking up the shares from the resident indiviual ,therefore, from the FEMA prospective you have fill the Form FC-TRS for such transfer of resident shares to non resident .The form you can download from the RBI website.
Regards
Recent Topics :
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
Related Topics :
CAclubindia
