Permission to Remit Winding up Proceeds of Branch/Office (Other than Project Office)
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....n resident outside India may, for making remittance of its winding up proceeds, apply to the Authorised Dealer concerned supported by the following documents, namely: (A) copy of the Reserve Bank's permission for establishing the branch/office in India; (B) Auditors certificate:- (i) indicating the manner in which the remittable amount has been arrived and supported by a statement of ass....
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.... from the Registrar of Companies regarding compliance with the provisions of the Companies Act,1956, incase of winding up of the office in India. 3[(2) On consideration of the application made under sub-regulation (1), the authorized dealer concerned may permit the remittance subject to the directions issued by the Reserve Bank in this regard, from time to time and payment of applicable taxes in ....