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What is the procedure to be followed by a company intending to make investment in a JV/WOS under the automatic route?

April 26, 2017automatic COMPANY followed intending Investment jv procedure route wos

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What is the procedure to be followed by a company intending to make investment in a JV/WOS under the automatic route?

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• The company intending to make investment under automatic route is required to fill in the form ODA supported by documents listed therein, i.e., Board Resolution, Statutory Auditor’s certificate, Valuation report (in case of acquisition of an existing company) and approach an Authorised Dealer for making the investment.