TMI BlogA person resident in India made Overseas Direct Investment in a foreign entity permit for RestructuringX X X X Extracts X X X X X X X X Extracts X X X X ..... nt in India who has made ODI in a foreign entity may permit for Restructuring For the Restructuring following condition to be fulfilled namely The balance sheet by such foreign entity, which has been incurring losses for the previous two years as evidenced by its last audited balance sheets, subject to ensuring compliance with reporting, documentation requirements and subject to the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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