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Is there any prohibition for direct investment under the Automatic Route?

April 26, 2017automatic Investment prohibition route

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Is there any prohibition for direct investment under the Automatic Route?

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A. Yes. Indian Parties which are under investigation by the Enforcement Directorate/other investigative agencies/regulatory authorities, or are on the Reserve Banks exporters caution list or are included in the list of defaulters to the banking system in India published/circulated by CIBIL/RBI are not eligible to make investment under the automatic route.