https://www.taxtmi.com/circulars?id=11776 Form ODI Part I is amended to require the Indian party to declare and the statutory auditors to certify that, where applicable, the Annual Performance Report for all existing JV/WOS abroad has been submitted, as a condition for undertaking overseas direct investment under the Automatic Route; this complements existing auditor certifications on investment eligibility, funding limits, valuation norms, ECB/FCCB applicability and regulatory approvals for financial services investments. en-us Tue, 21 Aug 2012 00:00:00 +0530 Thu, 23 Aug 2012 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11776 Form ODI Part I is amended to require the Indian party to declare and the statutory auditors to certify that, where applicable, the Annual Performance Report for all existing JV/WOS abroad has been submitted, as a condition for undertaking overseas direct investment under the Automatic Route; this complements existing auditor certifications on investment eligibility, funding limits, valuation norms, ECB/FCCB applicability and regulatory approvals for financial services investments. Circulars FEMA Tue, 21 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11776