Foreign investment in PArtnership by Foreigner

Raja Rajeswari S (Querist) 19 January 2010 This query is : Open
1)Can a person other than a NRI/POI make investment in india by way of capital contribution in a partnership firm? If so what is the procedure to get approval?

2)CAn above person repatriate the invsetment and the income earned over it? What is the procedure to get approval for the above?

3)CAn the above person give funds in the form of loan to the partnerhip firm in India? If so, how to proceed to get such loan and what interest should we pay and what are the pay channels?

Kindly clarify

regards

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