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  • Form Fc-trs Declaration Regarding Transfer Of Shares ...

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ANNEX-II to A.P.(DIR Series) Circular No.110 of 12.06.2013 Form FC-TRS Declaration regarding transfer of shares / compulsorily and mandatorily convertible preference shares (CMCPS) / debentures /others.

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FC-GPR is to filed when shares are issued to a non-resident whereas FC-TRS is filed when existing shares are transferred to a non-resident.

Step 1: Obtain share transfer deed in the prescribed format. Step 2: Execute the share transfer deed duly signed by the Transferor and Transferee. Step 3: Stamp the share transfer deed as per the Indian Stamp Act and Stamp Duty Notification in force in the State.

The Reserve Bank has rolled out an online application, i.e., FIRMS (Foreign Investment Reporting and Management System). It provides the reporting of the form FC-GPR. FC-GPR stands for Foreign Currency- Gross Provisional Return.

Transfer of shares must be reported in Form FC-TRS to RBI through an AD bank within 60 days of receipt/remittance of sale consideration. The onus of submission of the said Form FC-TRS is on the transferor / transferee resident in India.

Documents Required : Certificate of Fair Value by Charted Accountant. Securities Transfer Deed, (SH4 Form). FIRC and KYC obtained from AD Category- I Bank. Securities purchase agreement. Signed Consent letter for transfer of Shares between buyer and seller.

Documents Required For Transfer of Shares Original Share Certificate of share to be transferred. Certificate of Stamp duty payment (Franking) on issue of share certificate. Valuation and the share transfer agreement. Share transfer form duly signed by the parties. ID and address proof of the transferor and transferee.

Shares are like any other form of property, they can be transferred between individuals at any time. This can be done because of several reasons: The shareholder has died.

Shares/Mutual fund holdings that are in free units can be transferred using this flow. Shares/Mutual funds under lock-in cannot be transferred using this flow. The charges to transfer shares in an off-market transaction are 0.03% of the transfer value or Rs. 25 per ISIN, whichever is higher, plus 18% GST.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232