In recent years, India's restaurant industry has emerged as a vibrant hub for foreign investments, reflecting the nation's evolving culinary landscape and growing consumer demand. As innovative busine...
The Reserve Bank of India has amended theForeign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000 (the "TISPRO Regulations"), on January 10, 2017 (the "TISPRO Amendment"), to provide for the issuance of ‘convertible notes’ to foreign investors by start-up companies.
