TaxTMI 
TaxTMI 
Person resident in India (PRII) may permit for Transfer or Liquidation of Equity capital
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....mable or contribution to non-debt capital of a foreign entity in the nature of fully and compulsorily convertible instruments; "Disinvestment" Define in rule 2(d) means partial or full extinguishment of right, title or possession of equity capital acquired under these rules; Pricing guidelines for issue or transfer of equity capital As per Rule 16 of Foreign Exchange Management (Overseas Invest....
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....seas investment related transaction, shall ensure compliance with the provisions contained in rule 16 of OI Rules. With respect to the documents to be taken by the AD bank, they shall be guided by their board approved policy, which may, inter alia, provide for taking into consideration the valuation as per any internationally accepted pricing methodology for valuation. The AD bank shall put in pla....
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....lving write-off of the investment. Transfer or Liquidation of share for Investment or Disinvestment As per Rule 17 Foreign Exchange Management (Overseas Investment) Rules, 2022 (1) Unless otherwise provided in these rules, a person resident in India (PRII) holding equity capital in accordance with these rules may transfer such investment, in compliance with the limits and subject to the conditi....
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....e case may be. (4) Where the disinvestment by a person resident in India pertains to Overseas Direct Investment (ODI) - the transferor * In case of full disinvestment other than by way of liquidation, * shall not have any dues outstanding for receipt, which such transferor is entitled to receive from the foreign entity as an investor in equity capital and debt; * In case of any disinvestme....