Tag Archives: FDI

Foreign Direct Investment in Limited Liability Partnerships

By Avik Biswas, Partner and Vishnu Y. Kale, Associate Limited Liability Partnerships (“LLP”) are one of the available vehicles for foreign direct investment under applicable Indian laws. I. INCORPORATION OF AN LLP All matters concerning LLPs in India are governed … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

FDI in Multi-Brand Retail: Clarifications Issued by Ministry of Commerce and Industry

By Ushasi Das, Associate The Ministry of Commerce and Industry has, on June 6, 2013, issued its clarifications (“Clarifications”) in relation to foreign direct investment in multi-brand retail (“MBR”) operations. One of the conditions for investment in MBR is that … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Ministry of Corporate Affairs Amends the Companies (Issue Of Indian Depository Receipts) Rules, 2004 to Allow Two-Way Fungibility of Indian Depository Receipts

By Surajit Chatterjee, Associate The Ministry of Corporate Affairs (“MCA”), pursuant to its powers conferred under Section 642(1)(a) read with section 605A of the Companies Act, 1956 had prescribed rules relating to Issue of Indian Depository Receipts, i.e., the Companies … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , | Leave a comment

Relaxation in FDI norms for NBFCs

By Abhishek Emmanuel Kisku, Rudrajyoti N. Ray & Rohit Padhi, Associates The Department of Industrial Policy & Promotion (“DIPP”) under the Ministry of Commerce & Industry has issued a policy decision dated October 10, 2012 contained in the Press Note … Continue reading

Posted in Uncategorized | Tagged , , , , , , | Leave a comment

Cabinet Approves Reforms in the Insurance and Pension Funds Sectors

By Naren B.S., Associate Pursuant to its meeting on October 4, 2012 the Cabinet has approved inter alia two key proposals furthering reforms in the insurance and pension funds sectors by allowing increased foreign direct investment (“FDI“). Through this the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Reforms in the Financial Sector on the Cards – To be Considered by the Cabinet Today

By Naren B.S., Associate Continuing its efforts to revive what otherwise seemed to be a perpetually sagging economy, the Government is proposing to push for significant reforms in the financial sector. After permitting Foreign Direct Investment (“FDI“) in multi-brand retail … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment