https://www.taxtmi.com/circulars?id=52810 LLPs are notified as Indian Party under the FEMA regulations, allowing them to undertake financial commitments for JVs or WOS abroad under Regulation 6 (and 7 if applicable). The change became effective on Gazette publication; AD Category I banks must report LLP financial commitments in Form ODI Part I and II and meet existing reporting obligations including APR and disinvestment filings, without prejudice to other legal permissions. en-us Mon, 19 May 2014 00:00:00 +0530 Mon, 19 May 2014 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52810 LLPs are notified as Indian Party under the FEMA regulations, allowing them to undertake financial commitments for JVs or WOS abroad under Regulation 6 (and 7 if applicable). The change became effective on Gazette publication; AD Category I banks must report LLP financial commitments in Form ODI Part I and II and meet existing reporting obligations including APR and disinvestment filings, without prejudice to other legal permissions. Circulars FEMA Mon, 19 May 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52810