Section 1C: Investor already operating but Net asset value of at least USD 100,000 or
consolidated text (as at 2017). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
1C. Investor already operating but Net asset value of at least USD 100,000 or
not registered with the Board of In- its equivalent in freely convertible foreign
vestment currency
Cumulative turnover of at least 12 million
rupees during the 3 years preceding the
application for occupation permit and with a
turnover of at least 2 million rupees in any
one year