Get Form Fc Trs Word Format
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How to fill out the Form Fc Trs Word Format online
Filling out the Form Fc Trs Word Format is an essential step for transferring shares, compulsorily and mandatorily convertible preference shares, or debentures between residents and non-residents. This guide aims to provide clear instructions on how to accurately complete the form online.
Follow the steps to complete the form successfully.
- Click ‘Get Form’ button to access the form. Ensure it opens in a suitable editor for completion.
- Fill in the name of the company, its address (including email, telephone number, and fax number), and the activity along with the NIC code number.
- Indicate whether Foreign Direct Investment (FDI) is allowed under the automatic route and note the sectoral cap under the FDI policy.
- Specify the nature of the transaction by selecting either 'Transfer from resident to non-resident' or 'Transfer from non-resident to resident'.
- Provide the buyer's details, including name, constitution (type of investing entity), and date and place of incorporation. Include contact information.
- Enter the seller's details in the same manner as the buyer, indicating whether they are an individual, company, or other specified types.
- List any prior approvals from the Reserve Bank or FIPB that are relevant to this transaction.
- Detail the shares, compulsorily and mandatorily convertible preference shares, or debentures being transferred, including transaction date, number of shares, face value, and the negotiated amount.
- If applicable, note whether the shares or debentures are listed on a stock exchange, and provide the name of the stock exchange and the quoted price.
- Complete the declaration by indicating that the information provided is truthful and adheres to relevant FDI policies, ensuring all necessary signatures are included.
- Once all sections are filled, review the form for accuracy. Save changes, download a copy, print, or share the completed form as required.
Complete your documentation online with confidence and ensure a smooth transfer process.
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.
Fill Form Fc Trs Word Format
This question is for testing whether you are a human visitor and to prevent automated spam submission. Red dot Audio is not supported in your browser. bottle FC-TRS stands for (Form Foreign Currency-Transfer of Shares) Form. Find below the draft formats. Form FC-TRS is Foreign Currency Transfer of Shares. ➢ Transfer is made from and towards whom. The FCTRS form signifies the transfer of shares from a resident in India to a nonresident or vice versa. To be made in Form FCTRS (enclosed in Annex 9i). Form FCTRS, or Foreign CurrencyTransfer of Shares, is a vital document under the Foreign Exchange Management Act (FEMA) in India. Form FCTRS stands for ¨Foreign CurrencyTransfer of Shares¨.
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