Direct investment by residents in overseas joint ventures and wholly owned subsidiaries governed by FEMA rules, funding, caps, and reporting. Consolidated RBI guidance under FEMA 120/2004 governing direct investments by residents in overseas JVs and WOS establishes an Automatic Route (investments up to 400% of net worth, subject to conditions on equity participation, guarantees, valuation and reporting) and an Approval Route for other cases; prescribes permitted funding methods, sectoral compliance (financial services, energy), documentation and valuation norms, reporting via the ODI form with UIN allocation, designated AD bank procedures, obligations to submit APRs and evidence of investment, and operational rules for pledges, guarantees, hedging, write offs and disinvestments.
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.
Direct investment by residents in overseas joint ventures and wholly owned subsidiaries governed by FEMA rules, funding, caps, and reporting.
Consolidated RBI guidance under FEMA 120/2004 governing direct investments by residents in overseas JVs and WOS establishes an Automatic Route (investments up to 400% of net worth, subject to conditions on equity participation, guarantees, valuation and reporting) and an Approval Route for other cases; prescribes permitted funding methods, sectoral compliance (financial services, energy), documentation and valuation norms, reporting via the ODI form with UIN allocation, designated AD bank procedures, obligations to submit APRs and evidence of investment, and operational rules for pledges, guarantees, hedging, write offs and disinvestments.
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