Overseas investment controls: new conditions for Indian entities' financial commitments and reporting obligations under FEMA. Indian entities may undertake financial commitments in foreign entities-by lending, investing in debt instruments, issuing guarantees, creating pledges or charges, or deferring payment-only if eligible for Overseas Direct Investment, having made such ODI and acquired control, and subject to the prescribed financial commitment limit; arm's-length interest, restrictions on open-ended guarantees, reckoning of guarantees and charges towards limits, permitted modes of payment, prior UIN and AD bank routing, reporting of commitments, APR and annual returns, late submission fee regularisation, and suspension of further commitments for unregularised reporting delays are mandated.