Can Indian accept Shares given as Gift by an Online Foreign Company?

#1
Hi,

I want to know whether people from India can accept Shares gifted to him/her by an online foreign company? Are there any restrictions on this under FEMA?

If we can accept, can we sell those Shares?

Muralika
 
#2
Hi,

I want to know whether people from India can accept Shares gifted to him/her by an online foreign company? Are there any restrictions on this under FEMA?

If we can accept, can we sell those Shares?

Muralika
Hi Muralika

Nice discussion you have started. But I don't think any Indian will not accept foreign gifts and they are accepting that gifts and many send gifts to India services are working in this way....