Permission to Remit Winding up Proceeds of Branch/Office (Other than Project Office)

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....e established in India by a person 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 amoun....

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....n India are pending and there is no legal impediment to the remittance; and (E) a report 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 directi....