https://www.taxtmi.com/acts?id=2101 Indian parties acquiring foreign securities must secure evidence of investment within six months (or as extended by the Reserve Bank), repatriate all receivables from the foreign entity within sixty days (subject to extension), and annually submit an Annual Performance Report (APR) in Part III of Form ODI based on audited accounts unless exempt. Companies must also file an Annual Return on Foreign Liabilities and Assets. If the host country does not mandate audits, the APR may be based on un audited accounts only where statutory auditors certify the audit exemption and the board adopts those accounts; this exemption is unavailable for jurisdictions requiring enhanced due diligence. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 20 Jun 2025 18:15:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2101 Indian parties acquiring foreign securities must secure evidence of investment within six months (or as extended by the Reserve Bank), repatriate all receivables from the foreign entity within sixty days (subject to extension), and annually submit an Annual Performance Report (APR) in Part III of Form ODI based on audited accounts unless exempt. Companies must also file an Annual Return on Foreign Liabilities and Assets. If the host country does not mandate audits, the APR may be based on un audited accounts only where statutory auditors certify the audit exemption and the board adopts those accounts; this exemption is unavailable for jurisdictions requiring enhanced due diligence. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2101