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...
Published On: 22/03/2021
Practice Area: Corporate & Commercial, Mergers & Acquisitions
Authors:

Suneeth Katarki

Rashi Saraf
