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If a foriegn Company is holding shares in a Listed company and if it wants to transfer the shares to the resident company, what will be the procedure to do the same?

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Posted By: Ravi kiran 9 year(s) ago

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In the cited case foreign company need to execute the transfer deed in form sh-4 and deliver the same to company within 60 days from the date of such execution and accordingly required to fulfill the conditions as prescribed in section 56 of the Act.

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