https://www.taxtmi.com/circulars?id=4346 Registered trusts and societies in manufacturing or education may undertake overseas direct investment in the same sector abroad with prior Reserve Bank approval; applications must be filed in Form ODI Part I through an AD Category I bank, which shall verify eligibility and KYC compliance, confirm three years' existence and absence of adverse regulatory notice, ensure governing body/trustee and constitutional authority for the investment, and verify any required special licences before forwarding the application to the Reserve Bank. en-us Fri, 27 Jun 2008 00:00:00 +0530 Wed, 01 Oct 2008 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4346 Registered trusts and societies in manufacturing or education may undertake overseas direct investment in the same sector abroad with prior Reserve Bank approval; applications must be filed in Form ODI Part I through an AD Category I bank, which shall verify eligibility and KYC compliance, confirm three years' existence and absence of adverse regulatory notice, ensure governing body/trustee and constitutional authority for the investment, and verify any required special licences before forwarding the application to the Reserve Bank. Circulars FEMA Fri, 27 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4346