What are the regulations for ODI by Proprietorship concern / unregistered partnership
{"Image DocumentName": "What are the regulations for ODI by Proprietorship concern / unregistered partnership?", "Image ImageDescription": "Proprietary concerns and unregistered partnership firms, with prior approval from RBI, are allowed to set up JV / WOS outside India subject to following conditions: Recognized star export house with proven track record i.e. export outstanding does not exceed 10% of average export realization of preceding three years. AD is satisfied that the exporter is KYC compliant. Exporter is not on the caution list of RBI / adverse notice from any Government agency like Directorate of Enforcement (DoE) and CBI. Amount of proposed investment outside India does not exceed: 10% of the average of 3 financial years export realization or. 200% of net owned funds of the firm. whichever is lower.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}