https://www.taxtmi.com/acts?id=40955 Persons resident in India making overseas direct investment must submit investment evidence to the authorised dealer bank within six months and obtain a Unique Identification Number before remittance or equity acquisition. Transactions for each identifier must pass through its designated authorised dealer bank. Investment-related receivables, disinvestment consideration, and liquidation proceeds must be realised and repatriated within ninety days of the relevant event. Eligible investors may remit earnest money or obtain bid bond guarantees for acquisition bids, subject to conversion of an open-ended guarantee into a close-ended guarantee within three months of contract award. en-us Tue, 23 Aug 2022 15:36:41 +0530 Mon, 07 Sep 2026 16:26:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40955 Persons resident in India making overseas direct investment must submit investment evidence to the authorised dealer bank within six months and obtain a Unique Identification Number before remittance or equity acquisition. Transactions for each identifier must pass through its designated authorised dealer bank. Investment-related receivables, disinvestment consideration, and liquidation proceeds must be realised and repatriated within ninety days of the relevant event. Eligible investors may remit earnest money or obtain bid bond guarantees for acquisition bids, subject to conversion of an open-ended guarantee into a close-ended guarantee within three months of contract award. Act-Rules FEMA Tue, 23 Aug 2022 15:36:41 +0530 https://www.taxtmi.com/acts?id=40955