Transfer of shares from non-resident to resident

yogesh (Querist) 24 August 2015 This query is : Resolved
Query on FEMA compliances

Dear Sirs,

Question :- We have one Wholly owned Subsidiary in Singapore . The said subsidiary is proposed to be wound up. The query is that the said subsidiary holds shares in one of our Indian Group company. Now the situation is that the said investment needs to be transferred from WOS to its Parent Company(our company). So, what are the FEMA compliances need to be followed for transfer shares from the Foreign Subsidiary to Indian Parent Company. What are the specific guidelines needs to be followed. Please guide us with your valuable reply.

Thanks……

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Anirudh (Expert) 24 August 2015
It is a full fledged commercial query, which needs to be answered after going through the documents, facts and law.

Guest (Expert) 24 August 2015
The One who is Interested to Handle this Could Provide Their Address Phone nos Contact Details with Personal E mail Id Enabling them to Contact Them to Provide the documents Required by them.

Rajendra K Goyal (Expert) 25 August 2015
Commercial query, no reply.

R.K Nanda

(Expert) 25 August 2015
regular Commercial query.

Guest (Expert) 25 August 2015
Your query is not worth free advice. If the company is ready to pay our professional fee on this purely commericial issue, you may feel free to send complete details at out email ID: dcgroup1962@gmail.com

yogesh (Querist) 28 August 2015
actually it was a artificially created case.just to have knowledge related to transfer of shares from non-resident to resident.
but anyway, Thanks for the reply.

Guest (Expert) 28 August 2015
Academic/ hypothetical/ academic problems also do not attract any response, as a number of supplememtary queries arise subsequently out of any reply on such artificially created queries.

V R SHROFF (Expert) 28 August 2015
hypothetical/ academic problems : NO REPLY

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