Transfer of Ownerships of Private Limited Company to NRI

s (Querist) 08 February 2011 This query is : Open
Sir,

My Company (G.V. Technologies (I) Pvt Ltd) is planning to transfer the entire shares to NRI. The person who is NRI is providing a outsourcing service to our company from past 3 years. This NRI is client to us. Now he is willing to take over the ownership of our company.

I request you to kindly provide me a procedures for transfer of ownership to NRI under companies act.

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