Overseas investment reporting delays bar further financial commitments and transfers involving the relevant foreign entity until regularisation. Further financial commitment or transfer of overseas investment is restricted where a person resident in India has made a financial commitment in a ... Summary
Overseas investment reporting delays bar further financial commitments and transfers involving the relevant foreign entity until regularisation.
Further financial commitment or transfer of overseas investment is restricted where a person resident in India has made a financial commitment in a foreign entity and has any delay in required reporting. Until the reporting delay is regularised, no additional fund-based or non-fund-based financial commitment, whether direct or indirect, may be made towards that foreign entity, and the existing investment may not be transferred.
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