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of <h1>Overseas Direct Investment Restructuring Allowed for Entities with Consecutive Two-Year Losses Under Specific Reporting Conditions</h1> An Indian resident who has made overseas direct investment (ODI) in a foreign entity may permit restructuring of its balance sheet if the entity has incurred losses for two consecutive years. The restructuring is subject to reporting requirements and ensures that the diminution in total outstanding dues does not exceed the accumulated losses. For investments over USD 10 million or diminution exceeding 20% of outstanding dues, a valuation must be certified by a registered valuer or certified public accountant, with the certificate dated within six months of the transaction.
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