Legal Question in Business Law in India
Transfer of Shares
Of the two resident directors of an Indian Private Ltd Company, one of the directors shares is to be transfered to a company which is a canadian company, In this case what will be the procedures to be followed.
Asked on 1/06/09, 1:04 am
2 Answers from Attorneys
Homi Maratha
N.N. Maratha & Co.-Advocates
Re: Transfer of Shares
Hello.
You need to consult a local lawyer who practices Company Law.
In case of need please contact personally alongwith the details.
Professional charges are applicable.
Answered on 1/06/09, 2:40 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Re: Transfer of Shares
You may proceed with the proposed transfer. However, you may need to follow the RBI regulations governing FDI.
Answered on 1/06/09, 7:03 am
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