Format pack, 4 formats · FV08-B10

Share Swaps, Gifts, Inheritance and Non-cash Consideration

4 ready-to-use formats: Board resolution for issue of shares against shares of a foreign company (swap); Application and declaration to the AD bank: issue of equity against import of capital goods; Gift deed: FEMA and tax clauses, with donor-donee declaration; Letter to AD bank seeking RBI approval for gift of shares to a non-resident relative.

Length
7 pages
Blanks to fill
95
Files
Word and PDF
Law stated to
16 September 2026

The 4 formats inside

  1. 1Board resolution for issue of shares against shares of a foreign company (swap)Rule 9A, NDI Rules 2019 · OI Rules 2022 · ss.42, 62(1)(c) Companies Act 201333 blanksOn its own₹149
  2. 2Application and declaration to the AD bank: issue of equity against import of capital goodsSchedule I, NDI Rules 2019 · FDI Policy para 3.4.2 · FEMA 395/2019-RB27 blanksOn its own₹149
  3. 3Gift deed: FEMA and tax clauses, with donor-donee declarationRule 9(4) / Schedule IV, NDI Rules 2019 · s.92(2)(m) ITA 202531 blanksOn its own₹149
  4. 4Letter to AD bank seeking RBI approval for gift of shares to a non-resident relativeRule 9(4), NDI Rules 2019 · MD-FI para 7.722 blanksOn its own₹149

Read the opening

The first part of “Board resolution for issue of shares against shares of a foreign company (swap)”, as it downloads. Blanks are highlighted.

Certified true copy of the resolution passed at the meeting of the Board of Directors of [Name of the Indian company] held on [DD.MM.YYYY]

ACQUISITION OF [FOREIGN COMPANY] BY WAY OF SWAP AND ISSUE OF EQUITY SHARES TO ITS SHAREHOLDERS

"RESOLVED THAT, subject to the approval of the members by special resolution under sections 42 and 62(1)(c) of the Companies Act, 2013 and the rules made thereunder, and pursuant to Rule 9A and Schedule I of the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, the Foreign Exchange Management (Overseas Investment) Rules, 2022 and Regulations, 2022, and all other applicable laws, the Board approves the acquisition by the Company of [Number of Target shares being acquired] shares, being [__]% of the issued share capital, of [Name of foreign company], a company incorporated in [jurisdiction] ("the Target"), from the persons listed in the Annexure ("the Transferors"), in consideration of the issue to them of [Number of Company shares to be issued] fully paid equity shares of the Company of face value Rs [Face value per Company share (Rs)] each at a price of Rs [Issue price per Company share (Rs)] per share (including a premium of Rs [Premium per Company share (Rs)]), on the terms of the share swap agreement placed before the meeting.

4 more paragraphs and tables follow in the full format.

More in RBI, FEMA & Cross-border