Client Update: CENTRAL GOVERNMENT AMENDS THE FDI POLICY
Updated: Sep 18, 2020 The Central Government through Department for Promotion of Industry and Internal Trade (“DPIIT”) on April 17, 2020 via Press Note 3 (2020 series) amended the Foreign Direct Investment (“FDI”) policy to curb opportunist takeovers or acquisition of Indian companies due to the COVID-19 pandemic. Automatic Route and Government/Approval Route Under the FDI […]