Advertise With Us

    FCTRS in case of Transfer of share from NRI to RI

    Posted By : CS Shiriti / Published on : 22-Sep-2021 06:03 AM / View : 862 / Comment : 0

    Print button
    An Individual Shareholder of a Private Limited Company was RI (Indian Resident)when he subscribed to MOA and AOA at the time of incorporation about 10 Years back.

    Now, He recently became NRI due to his Employment abroad. Compliances under the Companies Act, 2013 have been done and he is NRI in the records of ROC / MCA.

    Today, he wants to Transfer his entire Shareholding to a RI. Which compliances need to be done under FEMA?

    Is FC-TRS filing is mandatory in the above peculiar and rare situation, too?
    Read more on : share transfer case fctrs

      Please Select File:



    Other Queries from CS Shiriti
    Latest Queries
    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or ask@compliancecalendar.in