https://www.taxtmi.com/circulars?id=52614 Rollover of guarantees for Overseas Direct Investment will not be treated as a fresh financial commitment if the original guarantee was issued under then-prevailing FEMA guidelines, the end use by the JV/WOS/step-down subsidiary remains unchanged, no terms or amount change occurs except for validity, the rollover is reported in Part II of Form ODI, and any ongoing investigations are notified; otherwise prior Reserve Bank approval via the designated Category I Authorised Dealer bank is required. en-us Fri, 03 Jan 2014 00:00:00 +0530 Fri, 03 Jan 2014 18:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52614 Rollover of guarantees for Overseas Direct Investment will not be treated as a fresh financial commitment if the original guarantee was issued under then-prevailing FEMA guidelines, the end use by the JV/WOS/step-down subsidiary remains unchanged, no terms or amount change occurs except for validity, the rollover is reported in Part II of Form ODI, and any ongoing investigations are notified; otherwise prior Reserve Bank approval via the designated Category I Authorised Dealer bank is required. Circulars FEMA Fri, 03 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52614