Is stamp duty require to pay on transfer of shares as a gift ? if yes then on which value?
Dear all please solve the queries
Recently i have incorporated the Pvt ltd com having paid up just 20000 rs. Now the Director of the company want to transfer his 99% of share to company incorporated in the Cyprus (Europe), in which one director is also a director in that foreign company and also hold near 60% of share in foreign company. My queries is below mentioned.
1. Can be transfer the share to foreign company?
2. Intimation to RBI required ?
3. is there any compliance to be required to follow because after transfer indian pvt ltd com will be the subsidiary of the foreign company.
Whether share of a Private Company could be sold below its face value?
The share was originally issued at face value of Rs.10 Plus Premium of Rs. 45, therefor issue prize was Rs. 55.
Whether there is any prohibition under companies act on sell of share below Face value?
LLP agreement does not stipulate any clause in the case of the death of a partner. In such case, can we transfer the contribution of Rs.90,000/- of the deceased partner in his wife name after receiving a request letter from his wife in this respect and with the consent of all the partners or shall we ask for legal heirship certificate from tahisildar for admitting his wife as Partner by transferrinf the contribution of the deceased partner in favour of his wife.
New Partner can be admitted with the consent of all the partners as per the LLP agreement. Members may guide in this respect.
contribution
transfer
partner
death
LLP agreement does not stipulate any clause in the case of the death of a partner. In such case, can we transfer the contribution of Rs.90,000/- of the deceased partner in his wife name after receiving a request letter from his wife in this respect and with the consent of all the partners or shall we ask for legal heirship certificate from tahisildar for admitting his wife as Partner by transferrinf the contribution of the deceased partner in favour of his wife.
New Partner can be admitted with the consent of all the partners as per the LLP agreement. Members may guide in this respect.
contribution
transfer
partner
death
Can anyone please provide me checklist for share & debentures transfer.
Can anyone please provide me a checklist for share & debentures transfer.
Hello members,
Private ltd co. has a shareholding of A (423,583) B(38,208) and C (38,209) totaling to 5lakhs equity shares of Rs. 10 each.
Now the director wants to change the shareholding to 75:15:15 ratio,
What is the procedure to be followed in Mumbai?
How much stamp duty we need to pay?
How do I prepare to share certificates?
Dear Sir,
An Indian company issued equity shares to Foreign Company. Now the query is whether the Foreign Company can gift those shares to an Indian or any one of the shareholder / Director of Indian Company.
On receipt of funds on issue, all FEMA procedures were followed. Whether any FEMA compliance is required on transfer via gift?.
Question is;
1. Whether the foreign company can gift the shares?
2. As no money in paid (as it is a gift), FEMA will apply?
3. FC-TRS can be filed through Authorised Dealer the Bank (in case of transfer of shares for a consideration), here in gift as there is no money paid (incase of gift) no AD is involved.
Kindly advise.
If total international transactions with wos (including odi through EQ. Participation of Rs. 2 cr) of Rs. 4 cr amounts to reporting for transfer pricing ??
Click here to view / answer Share it onHello Team,
Please share me the draft of gift deed for share transfers to an unrelated person.
I am very obliged to you.
Thanks in advance.
Dear learned members,
Please guide me the procedure for transfer the unpaid dividend to IEPF online.
Thanks in advance!!!!
