https://www.taxtmi.com/circulars?id=2652 AD Category I banks may permit remittances by Navaratna PSUs for investment in unincorporated overseas oil and natural gas exploration entities after verifying that the proposal is approved by the appropriate competent authority (Board of Directors, ECS, or CCEA as applicable) and supported by a certified Board resolution; such investments are allowed under an automatic route and remain subject to the usual reporting requirements. en-us Fri, 18 May 2007 00:00:00 +0530 Mon, 06 Oct 2008 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2652 AD Category I banks may permit remittances by Navaratna PSUs for investment in unincorporated overseas oil and natural gas exploration entities after verifying that the proposal is approved by the appropriate competent authority (Board of Directors, ECS, or CCEA as applicable) and supported by a certified Board resolution; such investments are allowed under an automatic route and remain subject to the usual reporting requirements. Circulars FEMA Fri, 18 May 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2652