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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Form FC: Comprehensive Reporting for Indian Overseas Investments, Restructuring, and Disinvestment Under FEMA Regulations</h1> Form FC is a comprehensive document used by Indian entities, resident individuals, trusts, and societies to report financial commitments, including overseas direct investments (ODI), restructuring, and disinvestment in foreign entities. It consists of seven sections: Section A details the Indian entity or individual; Section B covers the foreign entity and step-down subsidiaries; Section C outlines the transaction or financial commitment; Section D is a declaration by the Indian entity; Section E provides a certificate from statutory auditors; Section F reports on restructuring; and Section G details disinvestment activities. The form ensures compliance with the Foreign Exchange Management Act (FEMA) and related regulations.
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