Restructuring of an Overseas Entity: due date and penalty
Also searched as: ODI-RESTRUCTURE · Form FC (Section F)
Report the restructuring of the balance sheet of a foreign entity involving a write-off of capital or loan within 30 days of the restructuring.
When it is due
30 days from the date of the restructuring
If it is late: Late Submission Fee on the amount involved and the period of delay
- Due
- 30 days from the date of the restructuring
- Frequency
- Event based
- If it lapses
- Late Submission Fee on the amount involved and the period of delay
- Statutory reference
- Reg. 10(2)(iii), FEM (Overseas Investment) Regulations 2022
Where this date comes from
- The instrument
- Reg. 10(2)(iii), FEM (Overseas Investment) Regulations 2022
- The authority
- Reserve Bank of India
Mallah Software Services Private Limited has not independently verified this against the gazette. The citation above is the instrument this date is taken from, and it is exact enough for a professional to check. Inside Lawzer a company secretary or chartered accountant can record that they have checked it, against the rule as it read on the day — and that record is withdrawn automatically if the rule later changes. A date nobody has checked says so.
Who has to file it
Every one of these has to hold before Restructuring of an Overseas Entity binds an entity:
- holds an overseas investment
- Filed on:
- RBI OID Portal (through the AD bank)
- Usually owned by:
- Company Secretary
- Typical effort:
- 5 hours
Common questions
- What is the due date of Restructuring of an Overseas Entity?
- 30 days from the date of the restructuring. It falls due whenever the triggering event happens.
- Who has to file Restructuring of an Overseas Entity?
- It applies to holds an overseas investment.
- What is the penalty for filing Restructuring of an Overseas Entity late?
- Late Submission Fee on the amount involved and the period of delay
- Where is Restructuring of an Overseas Entity filed?
- RBI OID Portal (through the AD bank).
- What is the full form of ODI in Restructuring of an Overseas Entity?
- ODI stands for Overseas Direct Investment. Restructuring of an Overseas Entity is the Restructuring of an Overseas Entity.
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.
Other FEMA / RBI obligations
- Revised Form ECB 1Revised Form ECB 1 on a Change to a Borrowing
- Form ECB 2Form ECB 2 on Proceeds Received and Debt Serviced
- Form ECB 1Loan Registration Number for an External Commercial Borrowing
- Form FC-GPRReporting of Foreign Investment
- Form FC-TRSTransfer of Capital Instruments to or from a Non-Resident
- Form FDI-LLP(I)Foreign Capital Contribution to an LLP