Reserve bank of India

Reserve Bank of India (RBI) vide  A.P. (DIR Series) Circular No. 73 dated 29th June, 2011 Liberalized Overseas Direct Investment provisions    relating   to   transfer by way of sale of shares of a joint venture or wholly owned subsidiary (JV or WOS) outside India with and without write off upon  fulfillment of certain conditions.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.