<h1>Transfer of shares between resident and non resident requires FC TRS declaration, valuation, KYC and AD certification within 60 days.</h1> Form FC-TRS requires submission to the designated AD branch within 60 days and prescribes enclosures: consent letter, post-transfer shareholding pattern, CA valuation certificate, broker's note if exchange-traded, and buyer/FII declarations of eligibility and compliance with sectoral limits and pricing. It mandates disclosure of buyer/seller identity and constitution, transaction particulars (number, face value, negotiated price, consideration), pre and post transfer foreign investment percentages, listing/valuation details, and a category wise proforma of inflows/outflows. AD branch certification and non resident KYC are also required.