share non resident to resident

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 …

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