Fema / RBI : Explore the intricacies of Foreign Direct Investment (FDI) in India, from regulatory frameworks to setting up business operations....
Fema / RBI : A detailed analysis of Foreign Direct Investment (FDI) regulations in India for Real Estate and Hotel Business under the FDI Polic...
Fema / RBI : Form FCGPR is mandatorily required to be filed within 30 days of bonus issue allotment. In this article, we shall study about the ...
Fema / RBI : Explore the recent amendment in India's FDI Policy for the space sector, its rationale, and implications. Learn about the increase...
Fema / RBI : Explore India's booming food processing sector highlighted by PM Narendra Modi, witnessing ₹50,000 crore FDI in 9 years, signifi...
Fema / RBI : Explore the latest Foreign Direct Investment (FDI) policy amendments in Indias space sector. Understand the changes in caps, entry...
Corporate Law : CBI registers a case against a Delhi-based private company and its Director for alleged violations of FCRA provisions, involving u...
Corporate Law : Government has implemented several legislative and policy measures for e-commerce keeping in mind the retailers. Some of these mea...
Corporate Law : Government has put in place a liberal and transparent policy for attracting Foreign Direct Investment (FDI), wherein most sectors,...
Fema / RBI : Confederation of All India Traders (CAIT) has requested Minister of Commerce and Industry, Shri Piyush Goyal for strict action a...
Fema / RBI : Explore the amendments in India's FDI Policy for the Space Sector through Press Note No. 1 (2024 Series). Details on sectoral caps...
Corporate Law : Government of India announces an extension of the Industrial License validity to 15 years for ease of doing business. Read the gui...
Fema / RBI : Review of FDI Policy for permitting foreign investment in Life Insurance Corporation of India (LIC) and other modifications for fu...
Corporate Law : Confederation of All India Traders has requested to Shri Piyush Goyal Hon’ble Minister for Commerce & Consumer Affairs t...
Fema / RBI : Government of India has reviewed the extant FDI policy on Telecom sector and has made the following amendment under the Consolidat...
We often do comparison with Chinese economic growth. One must remember they have easy guidelines for promoting investments in their economy. China’s cement industry for the rapid development of domestic production capacity could lead to a surplus situation, at all levels within and outside the industry have been discussing with the call for the domestic large-scale cement enterprises to go abroad, to foreign investment. They have grown well within the house and plan to move further. China’s cement enterprises go out consists of three levels: Firstly, the cement exports, and second, cements technology and equipment companies go global, three cement manufacturing companies invest and build factories overseas. We need strategies like this to grow and expand Indian cement industry.
The Income Tax department is probing the source of investments in the real estate firm Ireo for alleged violations of FDI norms and evasion of taxes in bringing a whopping Rs8,000 cr through tax havens.The Income Tax department is probing the country
The Reserve Bank of India (RBI) has advised the government to impose strict new riders and set up a monitoring mechanism to prevent a real estate bubble. That, the central bank fears, may be created due to diversion of foreign funds meant for hotels
The Circular, while clarifying several aspects on which earlier there was ambiguity, also recognises the introduction of various Discussion Papers issued by DIPP (Defence, multi brand retail, existing venture/tie-ups, issue of shares for consideratio
The Department of Industrial Policy & Promotion (DIPP) on 28 September, 2010 released its fourth discussion paper in its series of such papers being released on various aspects relating to Foreign Direct Investment (FDI) – Issue of Shares for Consideration Other than Cash.
This article summarizes the Discussion Paper (DP) released on 28 September 2010 on ‘Foreign Direct Investment in Limited Liability Partnerships’ issued by the Department of Industrial Policy & Promotion (DIPP) of the Government of India (Gol). Even t
It has been clarified that the term “Original investment” means the entire amount brought in as FDI. It has further been clarified that the lock-in-period of three years will be applied from the date of receipt of each installment/tranche of FDI or from the date of completion of minimum capitalization, whichever is later. This was necessary as a number of queries had been received in regard to the coverage of these terms.
As per extant FDI policy, shares can be issued to a non-resident against receipt of funds through normal banking channels. If the funds are not received through normal banking channels, prior approval of the Government is required for such issue. The only exception to the above condition is the situation where shares are to be issued against External Commercial Borrowings (ECBs) and/or royalty payments (including lump-sum technical know-how fees). In such cases, shares can be issued under the automatic route without funds being received specifically for the purpose of issues of shares.
The Limited Liability Partnership Act, 2008 (LLP Act) was notified on April 1, 2009. With the passing of this Act, a new hybrid entity, incorporating the features of both- a body corporate, as well as a traditional partnership-can be formed for the purposes of undertaking business in India. The LLP has not yet been recognized under FDI policy. The LLP structure lies between that of a company where FDI is permitted and that of a partnership, where it is generally not permitted. Key features of an LLP, as well as a comparison between the other existing ownership structures, are provided in the Annexure.
In terms of para 9 of Schedule 1 to the Notification, Indian companies are required to report, the details of the amount of consideration received for issue of FDI instruments, viz. equity shares, fully and mandatorily convertible preference shares and debentures under the FDI scheme, in the Advance Reporting Format along with the KYC report on the non-resident investor, to the Regional Office of the Reserve Bank in whose jurisdiction the Registered Office of the company operates, within 30 days of receipt of the amount of consideration. Further, the Indian company is required to issue the FDI instruments to the non-resident investor within 180 days of the receipt of the inward remittance and report the same in Form FC-GPR, to the Regional Office concerned of the Reserve Bank, within 30 days from the date of issue of shares.
