by Majmudar & Partners | Jan 25, 2018 | Foreign Investment
Introduction On January 10, 2018, the Indian government approved a number of amendments to India’s Foreign Direct Investment Policy (the “FDI Policy”) with a view to further improve the ease of doing business in India. The reforms cover single brand retail trading,...
by Majmudar & Partners | Nov 27, 2017 | Corporate/M&A, Foreign Investment
It is commonplace in global M&A deals for buyers and sellers to strongly negotiate the seller’s indemnity obligations, and many a times, unsatisfactory seller indemnities result in deals not going through. Effective May 20, 2016, the Reserve Bank of India (the...
by Majmudar & Partners | Apr 26, 2017 | Corporate/M&A
Introduction The erstwhile Companies Act, 1956 (the “1956 Act”) contained provisions for the merger of a foreign company with an Indian company but not vice versa. The Companies Act, 2013 (the “ 2013 Act”) made a significant change and introduced enabling provisions...
by Majmudar & Partners | Jun 24, 2016 | Foreign Investment
Introduction India’s foreign investment regime has been liberalized significantly in the last couple of years. On June 20, 2016, the Indian government announced a host of reforms to further liberalize foreign investment in the defence, pharmaceuticals, retail...
by Majmudar & Partners | Jun 15, 2016 | Corporate/M&A, Foreign Investment
Introduction M&A transactions often include escrow and indemnification provisions. Recently, the Reserve Bank of India (the “RBI”) has amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000,...
