Overseas investment rules: resident individuals may make ODI or OPI with specified modes and gifting limits. Resident individuals may make ODI or OPI subject to the Liberalised Remittance Scheme. Permitted modes include direct investment in operating foreign entities with control, reinvestment as OPI, capitalisation of permitted receivables, security swaps on corporate reorganisations, rights and bonus issues, gifts, inheritance, sweat equity, minimum qualification shares, and ESOPs. Acquisition under ten percent without control is treated as OPI. Gifts and inheritance from Indian relatives or inheritance generally are permitted without limit, while gifts from non residents follow the Foreign Contribution (Regulation) Act. ESOPs offered globally to employees or directors may be acquired without limit.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Overseas investment rules: resident individuals may make ODI or OPI with specified modes and gifting limits.
Resident individuals may make ODI or OPI subject to the Liberalised Remittance Scheme. Permitted modes include direct investment in operating foreign entities with control, reinvestment as OPI, capitalisation of permitted receivables, security swaps on corporate reorganisations, rights and bonus issues, gifts, inheritance, sweat equity, minimum qualification shares, and ESOPs. Acquisition under ten percent without control is treated as OPI. Gifts and inheritance from Indian relatives or inheritance generally are permitted without limit, while gifts from non residents follow the Foreign Contribution (Regulation) Act. ESOPs offered globally to employees or directors may be acquired without limit.
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