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Is there
any prohibition for direct investment under the Automatic
Route?
A.
Yes. Indian Parties which are under investigation by the
Enforcement Directorate/other investigative
agencies/regulatory authorities, or are on the Reserve
Bank’s 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.
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