https://www.taxtmi.com/forum/issue?id=119056 Rule 18 of the ODI Rules, 2022 permits balance-sheet restructuring of a foreign investee only where the investee has incurred losses for the previous two years as evidenced by audited balance sheets; capital reduction is not explicitly defined but would be conditioned on that loss history. An Indian investor's ability to prevent such a reduction depends on its control or contractual shareholder rights in the foreign entity. en-us Thu, 04 Apr 2024 15:36:36 +0530 Tue, 18 Mar 2025 13:14:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119056 Rule 18 of the ODI Rules, 2022 permits balance-sheet restructuring of a foreign investee only where the investee has incurred losses for the previous two years as evidenced by audited balance sheets; capital reduction is not explicitly defined but would be conditioned on that loss history. An Indian investor's ability to prevent such a reduction depends on its control or contractual shareholder rights in the foreign entity. Discussion-Forum FEMA Thu, 04 Apr 2024 15:36:36 +0530 https://www.taxtmi.com/forum/issue?id=119056