Transfer of shared of an Indian Company from a non resident to a non resident

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ransfer of shared of an Indian Company from a non resident to a non resident<br> Query (Issue) Started By: - Sanjeev Sharma Dated:- 11-4-2010 Last Reply Date:- 13-4-2010 FEMA<br>Got 1 Reply<br>FEMA<b....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r>Whether any permission is required from FIPB or RBI for Transfer of shares of an Indian company from a non resident to a non resident ? How the valuation and withoding tax aspect to be done ?? Reply....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... By Rama Krishana: The Reply: It appears that as such there is no restriction on transfer of shares from a non resident to another non resident of an India company as per FEMA regulations or FDI polic....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....y. For more details, you should refer to latest consolidated FDI policy paragraph no. 3 = http://www.taxmanagementindia.com/site-map/fema/detail_circular.asp?ID=8033<br> Discussion Forum - Knowledge S....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....haring ....