What is Foreign Direct Investment in india?
‘Foreign Direct Investment’ (FDI) is the investment through capital instruments by a person resident outside India (a) in an unlisted Indian company; or (b) in 10 percent or more of the post issue paid-up equity capital on a fully diluted basis of a listed Indian company. An Indian company receive foreign investment in following two […]
What is the procedure for transfer of shares?
TRANSFER OF SHARES FROM NON-RESIDENT TO RESIDENT VALUATION OF SHARES: – Price of a share shall be decided on the basis of valuation of Shares by a Chartered Accountant or/a SEBI registered Merchant Banker. Sale consideration (net of taxes) must be remitted outside India through an authorized dealer (AD) bank. Transfer of shares must […]
