TMI BlogTRANSFER OF SHARES TO NRI- VALUATIONX X X X Extracts X X X X X X X X Extracts X X X X ..... TRANSFER OF SHARES TO NRI- VALUATION X X X X Extracts X X X X X X X X Extracts X X X X ..... s a new company and no work has been done yet. one shares holder has transferred shares to NRI at face value . Form FC TRS has been filed. Query from RBI is -" please submit valuation report from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... SEBI registered valuer". Question : Do we require to submit a share valuation report from a SEBI registered valuer when the company has been newly incorporated and there are no business conduct ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed yet by the company. Reply By Rajendra Prasad: The Reply: Dear Richa Goyal, Please submit balance sheet of the company as on the date of transfer and explain the same . They may accept it. Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By Richa Goyal:
The Reply:
thanks ... shall do the same X X X X Extracts X X X X X X X X Extracts X X X X
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