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8.9 Therefore, in so far as the RD's affidavit / report is concerned, it is clear that apart from insisting on compliance being made under the FEMA Regulations, 2000, there are no objections taken by it.
9. The OL, similarly has conveyed it has no objections to the scheme. The record shows that the petitioner company and the transferor company are engaged in the field of information technology including computers, software, systems and information technology enabled services sector. The petitioner company vide its letter dated 16.09.2015 has disclosed that its shareholders are Non-Resident entities. However, having regard to the fact that it is in the field of information technology and information technology enabled services, the petitioner company has asserted that 100% FDI under the automatic approval route is available to it. This has been confirmed by the ROC, as noticed above.