https://www.taxtmi.com/circulars?id=1812 Indian parties may invest directly in overseas joint ventures or wholly owned subsidiaries under the 2000 Regulations subject to compliance with procedural filings (form ODA, form A-2, form ODR), routing transactions through one designated authorised dealer branch, allotment and use of a Reserve Bank unique identification number, limits on capitalisation of dues combined with market purchases to 25% of net worth, and reporting and approval requirements for certain investments; authorised dealers must obtain prescribed documents and report remittances promptly. en-us Thu, 22 Jun 2000 00:00:00 +0530 Fri, 03 Oct 2008 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1812 Indian parties may invest directly in overseas joint ventures or wholly owned subsidiaries under the 2000 Regulations subject to compliance with procedural filings (form ODA, form A-2, form ODR), routing transactions through one designated authorised dealer branch, allotment and use of a Reserve Bank unique identification number, limits on capitalisation of dues combined with market purchases to 25% of net worth, and reporting and approval requirements for certain investments; authorised dealers must obtain prescribed documents and report remittances promptly. Circulars FEMA Thu, 22 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1812