https://www.taxtmi.com/acts?id=2099 Post investment restructurings by an overseas joint venture or wholly owned subsidiary established by an Indian party-including diversification, setting up step down subsidiaries and altering shareholding-are permitted, provided the Indian party reports details of the competent authority approved decisions to the Reserve Bank within thirty days and includes them in the Annual Performance Report required to be submitted annually under Regulation 15. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 20 Jun 2025 11:03:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2099 Post investment restructurings by an overseas joint venture or wholly owned subsidiary established by an Indian party-including diversification, setting up step down subsidiaries and altering shareholding-are permitted, provided the Indian party reports details of the competent authority approved decisions to the Reserve Bank within thirty days and includes them in the Annual Performance Report required to be submitted annually under Regulation 15. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2099