Share Transfers

Guest (Querist) 30 September 2009 This query is : Resolved
Dear Friends,
A from India transfers his shares in Private Limited Company to ABC which is a Foreign Company. They have executed a transfer deed on 1.1.2009. They have filed form FC-TRS on 10.1.2009.
What shall be the Board's Approval date to this share transfer? Can Board approve this before filing of FC-TRS? Or the Board must verify whether this Form has been filed or not?
Regards,

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Raj Kumar Makkad (Expert) 01 October 2009
Board cannot approve the transfer of share until and unless form FC-TRS is not verified.

Adv Lucky CS (Expert) 03 October 2009
Presentation shall be necessary.

& for form FC-TRS u can click:

http://thisisvj.googlepages.com/FC-TRS1.doc

Regards,
Lucky Popli
Krishnum Associates

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