Buyback of Shares from Foreign Shareholder

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Mar 21, 2022, 8:00:31 AM3/21/22

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Dear All,

Is it possible for Buy Back of Equity Shares from a foreign shareholder and remittance of buy back proceeds abroad by a Pvt Limited Company.

Required compliance under Co Act and FEMA or any other compliance.

Please advise.

Thanks & Regards

CA. Vaneet Bhatia

B. Com (H), FCA, ACS, LLB, DISA (ICAI), Insolvency Professional

Registered Valuer-Securities or Financial Assets

Ph # +91-9971641494/8368799656

Vaneet Bhatia & Co. | Chartered Accountants |

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Mar 24, 2022, 7:52:58 AM3/24/22

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Dear Team Members,

Request to share your feedback, if any.

Thanks & Regards

CA. Vaneet Bhatia

B. Com (H), FCA, ACS, LLB, DISA (ICAI), Insolvency Professional

Registered Valuer-Securities or Financial Assets

Ph # +91-9971641494/8368799656

Vaneet Bhatia & Co. | Chartered Accountants |

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