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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Indian entities can modify overseas subsidiary structures but must report changes to Reserve Bank within 30 days</h1> Indian entities establishing joint ventures or wholly-owned subsidiaries abroad may diversify activities, create step-down subsidiaries, or modify shareholding structures in overseas entities. Such changes require reporting to the Reserve Bank within 30 days of approval by competent authorities under local host country laws. These modifications must also be included in the mandatory Annual Performance Report submitted to the Reserve Bank as required under applicable regulations.
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