Investments by partnership firm without prior approval of Reserve Bank

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..... hout prior approval of Reserve Bank (1) A partnership firm registered under the Indian Partnership Act, 1932 which is engaged in providing professional services specified in the Schedule, may make investment in foreign concerns engaged in similar activity, by way of remittance from India and/or capitalization of fees/other entitlements due to it from such foreign concerns Provided that:- a. such i .....

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