Lex comply

    ODI in Equity Limit for Investment in JV

    Posted By : Sachin / Published on : 24-May-2021 02:22 PM / View : 136 / Comment : 0
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    Dear All,

    Any one Please Help to Clarify this Provision of RBI
    if IP who are further investing in abroad subsidiary company in that case what is limit up to which company can made investment ?? is it 400 % of Financial commitment or
    (2) (i) The total financial commitment of the Indian party in Joint Ventures/Wholly Owned Subsidiaries shall not exceed 100% of the net worth of the Indian Party as on the date of the last audited balance sheet;

    This Confused Please help if anyone done this its urgent
    Read more on : investment limit equity

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