Overseas direct investment liberalisation expands permitted guarantees, write-offs, disinvestments and reporting requirements under FEMA. Performance guarantees will be reckoned at fifty per cent for computing an Indian party's financial commitment and may be valid for the contract period, with similar reporting as financial guarantees and prior central bank approval if invocation breaches exposure limits. Indian promoters with controlling stakes may write off capital and receivables within prescribed routes and limits, report such actions within thirty days with certified loss balance sheets and five-year projections, and disinvestments with repatriation shortfalls are allowed for specified promoter categories under the Automatic Route with reporting. Corporate guarantees for first-generation step-down subsidiaries are permitted under general permission; deeper guarantees require approval where majority stake exists.