Legal Question in Business Law in India
Transfer of shares
What is the procedure of transfer of shares, in an Indian unlisted company with 100% FDI, from an NRI to another NRI?
Asked on 5/29/09, 8:22 am
2 Answers from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: Transfer of shares
You may refer to the relevant provisions of Companies Act and/or consult a Practicing Company Secretary.
Answered on 5/29/09, 11:42 am
Pranav Desai
PD Legal & Associates
Re: Transfer of shares
I believe there is no issues. as long as you have filled FC TRS prior to the first transfer.
Answered on 6/02/09, 5:21 am
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