RBI Update: Foreign Exchange Management (Overseas Investment) Regulations, 2022

Government of India has inserted new regulations which may be called the Foreign Exchange Management (Overseas Investment) Regulations, 2022. These Regulation Includes namely:
Financial commitment by Indian entity by modes other than equity capital, by way of debt, guarantee, pledge or charge, Acquisition or transfer by way of deferred payment, Mode of payment, Obligations of person resident in India, Reporting requirements for Overseas Investment, Delay in reporting, Restriction on further financial commitment or transfer.

They shall come into force on the date of their publication in the Official Gazette.

For Further: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12380&Mode=0

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