TRANSFER OF SHARES BETWEEN TWO NON-RESIDENT.

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Please give the procedural for the transfer of shares of an Indian Company held by a foreign national( individual) to a Foreign Corporate Body.

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Originally posted by : Neeta

Please give the procedural for the transfer of shares of an Indian Company held by a foreign national( individual) to a Foreign Corporate Body.

 No compliance as per FEMA all you need is to pass a board resoloution to transfer the shares also plz check if ant law prevailing applicable in the foreign country.

thanks&regards

karan gandhi

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