INHERITANCE OF EQUITY SHARES OF AN INDIAN COMPANY BETWEEN NON-RESIDENTS
AUTHOR – PURVESH KOTHEKAR, STUDENT AT NALSAR UNIVERSITY OF LAW
BEST CITATION – PURVESH KOTHEKAR, INHERITANCE OF EQUITY SHARES OF AN INDIAN COMPANY BETWEEN NON-RESIDENTS, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 6 (10) OF 2026, PG. 214-216, APIS – 3920 – 0001 & ISSN – 2583-2344.
The Foreign Exchange Management Act, 1999 (“FEMA”) regulates foreign exchange transactions. This note analyses the inheritance of equity shares between non-residents under FEMA. Pursuance of the same, the note analyses the presence of legal provisions governing the same, the permissibility of such inheritance and the regulatory check-boxes for such inheritance, if permissible.