Write-off of capital and receivables allowed for overseas JV/WOS with documentation and Reserve Bank reporting required. Regulation 16A permits limited write-off of capital and other receivables by Indian parties controlling overseas JVs or WOS, subject to submission to the designated AD Category I bank of a certified balance sheet showing JV/WOS loss and five year projections of benefits; the write off must be reported to the Reserve Bank through the designated AD Category I bank within thirty days; unlisted parties may seek similar relief under the Approval Route.