Investor Presentaiton

Activities in which Foreign Investment is prohibited Foreign investment in any form is prohibited in a company or a partnership firm or a proprietary concern or any entity, whether incorporated or not (such as, Trusts) which is engaged or proposes to engage in the following activities: (a) Business of chit fund, or (b) Nidhi company, or (c) Agricultural or plantation activities, or (d) Real estate business, or construction of farm houses, or (e) Trading in Transferable Development Rights (TDRs). Only NRIs are eligible to subscribe to the chit funds on non-repatriation basis subject to conditions: 11

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