https://www.taxtmi.com/acts?id=2410 Regulation 14 allows an eligible Indian party to use an authorised dealer to remit earnest money or obtain a bid bond guarantee for foreign company acquisitions; on winning, further remittances are permitted within regulatory ceilings and a report in Form ODA must be filed with the Reserve Bank within 30 days. Where authorised dealer facilitation is not available, the Reserve Bank may permit such remittances on application in Form ODI and may impose terms; non conforming acquisition terms require an ODI application for FDI approval, while conforming terms require a 30 day remittance report. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 25 Jun 2025 14:16:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2410 Regulation 14 allows an eligible Indian party to use an authorised dealer to remit earnest money or obtain a bid bond guarantee for foreign company acquisitions; on winning, further remittances are permitted within regulatory ceilings and a report in Form ODA must be filed with the Reserve Bank within 30 days. Where authorised dealer facilitation is not available, the Reserve Bank may permit such remittances on application in Form ODI and may impose terms; non conforming acquisition terms require an ODI application for FDI approval, while conforming terms require a 30 day remittance report. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2410