Restriction on foreign investment: Indian entities cannot accept foreign investment without statutory permission; RBI may permit with conditions. Indian entities, investment vehicles, venture capital funds, firms, associations of persons and proprietary concerns are generally prohibited from ... Summary
Restriction on foreign investment: Indian entities cannot accept foreign investment without statutory permission; RBI may permit with conditions.
Indian entities, investment vehicles, venture capital funds, firms, associations of persons and proprietary concerns are generally prohibited from receiving or recording investments from persons resident outside India except as permitted by statute or subordinate regulations; the Reserve Bank may, on application and for sufficient reasons, permit such investment and impose conditions.
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