Liberalised Remittance Scheme permits any quality of investment, subject to due diligence and overseas investment rules. No ratings or categorical guidelines are prescribed for the quality of debt or equity investments under the Liberalised Remittance Scheme; individuals must exercise due diligence and ensure proposed investments comply with the Overseas Investment Rules and Regulations, 2022 and related directions.
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Provisions expressly mentioned in the judgment/order text.
Liberalised Remittance Scheme permits any quality of investment, subject to due diligence and overseas investment rules.
No ratings or categorical guidelines are prescribed for the quality of debt or equity investments under the Liberalised Remittance Scheme; individuals must exercise due diligence and ensure proposed investments comply with the Overseas Investment Rules and Regulations, 2022 and related directions.
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