NRI Blog

Transfer of Shares from Non-residents to Residents1. Under Indian foreign exchange regulations, general permission is available for transfer of shares / convertible debentures between non-residents (“NR”) and Indian residents (&ldqu...

Transfer of Shares from Non-residents to Residents1. Under Indian foreign exchange regulations, general permission is available for transfer of shares / convertible debentures between non-residents (“NR”) and Indian residents (“IR”) by way of gift or sale under private ...