transfer of shares

[neela kandan]

A private limited company's member wants to transfer his shares to a foreign company for creating a subsidiary of his company -Kindly list out the procedures

AI Summary

Guidance Sought on Transferring Shares to Foreign Entity for Subsidiary Setup; Consultation with Company Secretaries Recommended. A member of a private limited company inquired about the procedures for transferring shares to a foreign company to establish a subsidiary. The response advised consulting practicing Company Secretaries for guidance on the process.