Overseas Direct Investments by Proprietorship Concern/Unregistered Partnership Firm in India

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Full Text of the Document

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....ship Concern/Unregistered Partnership Firm in India A proprietorship concern or an unregistered partnership firm in India, satisfying the criteria for Overseas Direct Investment as prescribed by the Reserve Bank from time to time, may set up/acquire a Joint Venture (JV)/Wholly Owned Subsidiary (WOS) outside India with the prior approval of the Reserve Bank.]     *************....