Prohibition on overseas investment restricts residents from making or transferring investments abroad except as permitted under governing Act or rules. No person resident in India shall make or transfer any investment or financial commitment outside India, except as otherwise provided by the Act, these ... Summary
Prohibition on overseas investment restricts residents from making or transferring investments abroad except as permitted under governing Act or rules.
No person resident in India shall make or transfer any investment or financial commitment outside India, except as otherwise provided by the Act, these rules, regulations made or directions issued under the Act.
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