22 February 2021
The Department for the Promotion of Industry and Internal Trade (DPIIT) issued a standard operating procedure on 9th November 2020 (SOP) for the clearance and approval of all foreign direct investment proposals into Indian companies. This article by Mini Raman and Angelina Talukdar summarises the key aspects of the SOP and analyses the implications of the proposed procedures.
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1st published in Legal Era
For further information, please contact:
Manisha Singh, Partner, LexOrbis
manisha@lexorbis.com