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TMI BlogFORM ODIX X X X Extracts X X X X X X X X Extracts X X X X ..... 4) Registered Partnership ___________________ (5) Proprietorship_______________________ (6) Unregistered Partnership__________________ (7) Trust______________________________ (8) Society_______________________________ (9) Others____________________________ (VI) Activity code of Indian Party*_____________________ *NIC code at 3-digit level [If the Indian Party is engaged in Financial sector or falls under the category of Proprietorship, Unregistered Partnership or Financial sector, please furnish the details In Item VII below]. (VII) Financial particulars of the Indian Party for the last 3 years (Amt. in Rs. 000s) Particulars Year 1 31-3- Year 2 31-3 Year 3 31-3 Foreign exchange earnings (excluding equity exports to JV/WOS) Net profit Paid-up Capital Net worth of (a) Indian Party (b)Group Company@ @ In terms of Explanation to Regulation 6 (3) of Notification No. FEMA 120/ RB-2004 dated July 7, 2004 (VIII) Particulars of existing Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS) already in operation or under implementation, of the Indian party and its group concerns: Sr. No. Name of Indian Party Unique Identification Number allotted by Reserve Bank 1. 2. 3. (IX) Whether the pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Indian Party______________________________________ III Financial commitment * (in applicable FCY): FYC IV ________________________________________ IV Method of Investment by Indian Party (i) Cash Remittance (a) EEFC_____________________________________ (b) Market Purchase_____________________________ (ii) Capitalization of (a) Export of plant and machinery____________________ (b) Others (please Specify)_________________________ (iii) ADRs /GDRs [RAISED overseas]________________ (iv) ECB/FCCB ________________________________ (v) Swap of shares _______________________________ (vi) Others(Please specify)___________________________ Total A [Indian Party] _____________________________ V. Whether JV/WOS is SPV (Y/N)_____________________ (a) If Y, purpose of SPV: _____________________________ i) Full value of the overseas acquisition ____________________ ii) Direct/Indirect infusion by SPV________________________ ii) Funds raised overseas with guarantee/ counter guarantee from Indian party_______________________ iii) Funds raised overseas without guarantee/ counter guarantee from Indian Party_________________________ iv) Funds contributed in the form of equity/ preference equity/shareh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Indian party(Name of the Indian Party) in respect of the investment under report. In particular, it is certified that: ( i ) the investment is not in real estate oriented or banking business, and ( ii ) the amount of foreign exchange proposed to be purchased for remittance towards the investment together with remittances for all overseas investments already made and exports and other dues capitalized/swap of shares/investment from ECB/FCCB balances for investment abroad under the Automatic Route is within the limit stipulated by the Reserve Bank from time to time. This has been verified with reference to the net worth of the Indian party (Name of the Indian Party) as on the date of last audited balance sheet, i.e. ..(date) ( iii ) has complied with the valuation norms prescribed for the investment ( iv ) has complied with the ECB guidelines # ( v ) that the Indian party (a) has made net profits during the preceding three years, (b) has fulfilled the prudential norms of capital adequacy as prescribed by the regulatory authority concerned; (c) has been registered with the appropriate regulatory authority in India and (d) has obtained approval for the investment in financial service ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed guarantee remittance has been made after satisfying that the claim is in conformity with the terms and conditions of the guarantee Issued to/on behalf of the JV/WOS abroad. Place:________________ Date:________________ (Signature of authorised official of the bank) Name:_____________________ Designation_________________ Tel. No.___________________ FAX No.__________________ Stamp/Seal_____________________ PART III ANNUAL PERFORMANCE REPORT (APR) (To be submitted certified by Chartered Accountant through the designated AD Category I bank every year within 3 months of the closing of annual accounts of the JV/WOS as long as the JV/WOS is existence) I. Date of APR: _________________ II. Unique Identification Number (Please indicate 13 digit Unique Identification number issued by RBI) III. Changes in capital structure since last reporting Amount (new) share (new) Indian Foreign IV. Operational details of the JV/WOS for the last two years (Amount in 000's FCY) Previous Year Current Year i) Net Profit / (Loss) ii) Dividend iii) Net worth V. Repatriation from the JV/WOS Foreign exchange earnings from Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS) During the last year ended Since ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nual Performance Report together with the audited accounts for that year has been submitted to the Reserve Bank; (e) The Indian party is not under investigation by CBI/ED/SEBI/IRDA or any other regulatory authority in India. Place:_________________________ Date:__________________________ (Signature of authorised official of the bank) Name:_____________________________________ Designation:_________________________________ Tel No.____________________________________ FAX No.___________________________________ Stamp/Seal:_________________________________ -------------------- Notes:- 1. Substituted Revised vide Notification No. FEMA 249/RB-2012, dated 22-11-2012 , before it was read as:- Section E: Declaration by the Indian Party I (a) Whether the applicant party(ies), its promoters, directors, etc., are under investigations by any investigative/enforcement agency or regulatory body. If yes, the brief details thereof, including present stage of investigation/adjudication/manner of disposal of the case ______________________________________________________________________ ______________________________________________________________________ (b) Whether the promoter Indian party(ies) is( ..... X X X X Extracts X X X X X X X X Extracts X X X X
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