https://www.taxtmi.com/acts?id=2090 An Indian party may make direct investment in an overseas JV or WOS subject to conditions including an overall financial commitment ceiling measured against net worth with specified exposures (remittances, capitalization of export proceeds, guarantees, performance and bank guarantees, ECBs, ADR/GDR swaps) reckoned within the limit; investments must be bonafide, the party must not be on regulatory caution lists, transactions routed via a designated authorised dealer branch, required Parts of the Form ODI and annual performance reports filed, valuation requirements observed, and prohibitions apply for entities in FATF non cooperative jurisdictions. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sun, 15 Jan 2017 10:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2090 An Indian party may make direct investment in an overseas JV or WOS subject to conditions including an overall financial commitment ceiling measured against net worth with specified exposures (remittances, capitalization of export proceeds, guarantees, performance and bank guarantees, ECBs, ADR/GDR swaps) reckoned within the limit; investments must be bonafide, the party must not be on regulatory caution lists, transactions routed via a designated authorised dealer branch, required Parts of the Form ODI and annual performance reports filed, valuation requirements observed, and prohibitions apply for entities in FATF non cooperative jurisdictions. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2090