https://www.taxtmi.com/forum/issue?id=107449 Transfer of shares by a foreign individual to a foreign corporate entity to make an Indian private limited company a wholly owned subsidiary raises issues of foreign investment structuring and compliance. The question focuses on lawfulness of transferring shares after prior central bank approval for capital infusion and the procedural steps required. Practical considerations include applicability of the foreign investment regime to change of ownership, conditions attached to earlier approvals, company law transfer formalities, and whether fresh regulatory approvals or filings will be required. The recorded advice is to consult a practising company secretary or chartered accountant. en-us Wed, 08 Oct 2014 20:19:34 +0530 Thu, 23 Jan 2025 15:57:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107449 Transfer of shares by a foreign individual to a foreign corporate entity to make an Indian private limited company a wholly owned subsidiary raises issues of foreign investment structuring and compliance. The question focuses on lawfulness of transferring shares after prior central bank approval for capital infusion and the procedural steps required. Practical considerations include applicability of the foreign investment regime to change of ownership, conditions attached to earlier approvals, company law transfer formalities, and whether fresh regulatory approvals or filings will be required. The recorded advice is to consult a practising company secretary or chartered accountant. Discussion-Forum Companies Law Wed, 08 Oct 2014 20:19:34 +0530 https://www.taxtmi.com/forum/issue?id=107449