Overseas investment prohibition restricts Indian residents from making or transferring foreign investments except through authorised legal exceptions. Rule 8 of the Foreign Exchange Management (Overseas Investment) Rules, 2022 prohibits persons resident in India from making or transferring investments or ... Summary
Overseas investment prohibition restricts Indian residents from making or transferring foreign investments except through authorised legal exceptions.
Rule 8 of the Foreign Exchange Management (Overseas Investment) Rules, 2022 prohibits persons resident in India from making or transferring investments or financial commitments outside India, except where permitted under the Act, the Rules, applicable regulations, or directions issued under the Act.
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