REVIEW OF THE EXISTING FOREIGN DIRECT INVESTMENT POLICY ON WARRANTS AND PARTLY PAID SHARES

Download pdf

Published On: 01/09/2015

Practice Area: Corporate & Commercial, Private Equity, Venture Capital and Fund Investment

Authors:

Suneeth Katarki
The Department of Industrial Policy and Promotion, Government of India vide press note 9 dated September 16, 2015 ("Press Note") amended the definition of 'capital' and also added paragraph 3.3.3 in the Consolidated Foreign Direct Investment Policy Circular of 2015 ("FDI Policy"). This amendment would now make it possible for persons resident outside India to acquire warrants and partly paid shares.

Related Posts:

India’s increasingly robust approach towards corporate fraud has helped in a significant level of fraud detection in public as well as private companies. The statutory and investor driven imperative...

AN ANALYSIS OF THE DUTIES OF DIRECTORS IN INDIA

The term beneficial owner wasn’t defined under the Press Note 3 of 2020, and the FEMA (Non-debt Instruments) Rules, 2019. Hence, there existed a dichotomy in the industry, as to the ownership thresh...

TIGHTENING BENEFICIAL OWNER FRAMEWORK: THE PRESS NOTE 3 IMPASSE

Regulators, investors and businesses are progressively aligning on the need to devise a robust regulatory framework detailing environmental, social and governance related norms and processes. In an at...

DEMYSTIFYING SEBI’S CONSULTATION PAPER ON ESG DISCLOSURES, RATINGS AND INVESTING

The Reserve Bank of India recently issued the Frequently Asked Questions to clarify certain positions under the Digital Lending Guidelines. The FAQs clarify the letter and spirit of the law to be foll...

THE CURIOUS CASE OF DIGITAL LENDING NORMS: DECODING RBI’S FAQs