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    RBI Reporting

    Posted By : CS Shiriti / Published on : 14-Sep-2019 06:48 AM / View : 234 / Comment : 0

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    Dear All

    For sale of shares in Indian Company by another another Indian Company to a foreign company, what are RBI reporting requirements need to make?

    I understand Indian Seller Company will file FC-TRS.

    Is there any other RBI compliance?

    Indian Investee Company (whose shares are being transferred) needs to make any reporting or not?

    Please advise.

    --

    Thanks & Best Regards

    CS Rakesh Kumar
    B.Com, MBA, ACS
    Rakesh & Co.
    (Company Secretaries)
    La Residentia, Tower-18, Flat-104
    GH-06A, Tech Zone-IV, Greater Noida (W), Gautam Budh Nagar-201306, U.P.
    Cell No.-+91-98119 09137
    Read more on : reporting

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