Procedure of Dematerialization of Shares

Dematerialization is the process of converting your physical shares and securities into digital or electronic form. The basic agenda is to smoothen the process of buying, selling, transferring and holding shares and also about making it foolproof. All your securities are stored in an electronic form instead of physical certificates.

In this document, you will find the procedure for dematerializing shares and the list of required documents for completing the process for both the company and shareholders. Continue reading “Procedure of Dematerialization of Shares”

Dematerialisation of Shares of Private Companies

The Ministry of Corporate Affairs (MCA) has introduced a significant change with the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023 (PAS Amendment Rules) as notified by notification no. GSR 802(E) dated 27th October 2023. This mandates private companies, to convert physical securities into dematerialized (electronic) form within eighteen months of their financial year ending March 31, 2023, i.e., September 30, 2024. Continue reading “Dematerialisation of Shares of Private Companies”

Company Registration for NRIs and Foreign Nationals in India

Private Limited Company Registration is considered to be the most ideal for NRIs, foreign nationals and for foreign entities who want to set up business in India.

According to FEMA guidelines, Foreign Direct Investment (FDI) is restricted in other types of businesses like Proprietorship, Partnership Firm and One Person Company. Though FDI is permitted under the automatic route in LLPs operating in sectors where 100% FDI is allowed through the automatic route and there are no FDI linked performance conditions. Continue reading “Company Registration for NRIs and Foreign Nationals in India”