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Legal Topic
United Arab Emirates
Restriction for NRIs for operating business in India I am an NRI residing in U.A.E for past 12 years. Now I want to start business in India(Kerala). As I am an ex-conductor I am planning to enter transport industry by buying a route bus. Is there any restrictions for NRIs to obtain a bus permit in Kerala. I heard for maintaining a route permit he/she should be a an Indian residing in India and if he/she gets any other nationality, the permit will be cancelled. Is it true? Can I go ahead and register in my name?