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Is it mandatory for the Non-Resident Indians to seek permission from the RBI to invest in proprietary or partnership concerns on Non-Repatriation basis?

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Is it mandatory for the Non-Resident Indians to seek permission from the RBI to invest in proprietary or partnership concerns on Non-Repatriation basis?

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Non-Resident Indians need not seek permission from RBI to invest in proprietary or partnership concerns on a Non-Repatriable basis.

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