Driven by excellence, focused on strategies for the longer term.

This is the crux of who we are. It is an articulation of precision in purpose, from the Firm’s beginnings to where we are today. Our collective eye is unerringly trained on tomorrow.

Deep sectoral expertise across services and industries.

Our insistence on strategic advisory exacts an in-depth understanding of and involvement with our clients’ businesses and industries. We engage not just individual businesses, but also contribute to the country’s legal and regulatory frameworks.

Personal commitment supported by experience and grit.

We commit early. We pull together internally for greater support. Every effort is sincere, every individual deeply dedicated to their task, their role, to the Firm.

Our undertakings for long-term impact are an organic extension of our purpose.

They are to employ our deep knowledge of the law beyond the business, the transaction, the deal. To use the opportunities and skills we possess, to reflect on the culture we’re creating. Individually and collectively, these are our efforts to help shape the thinking of our future generations, and arm them with strategies for true, sustainable growth.

Knowledge-sharing is intrinsic to equity and inclusivity.

This is a repository of thought leadership, deep insights and strong viewpoints, legal and other news and events and how they impact the industry and our clients.

Relevance is critical to growth. It necessitates a firm that is dynamic and responsive.

Amplifying intrinsic talent, sharpening skills, expanding knowledge, is vital to leading. It defines every aspect of how our firm functions and transacts. This is how we create new benchmarks and set industry standards.

  • Connect
Jun 30, 2020

Changes in FDI Regime to Curb Opportunistic Takeovers from Neighbouring Countries

The Government has issued Press Note 3 (2020 Series) dated April 17, 2020 for review of Foreign Direct Investment (‘FDI’) Policy prescribing that any foreign investment by or from an entity of any country which shares its land border with India (China, Bhutan, Nepal, Pakistan, Bangladesh and Myanmar) (‘Neighbouring Country’) or where the beneficial owner of an investment into India is situated in, or is a citizen of, any Neighbouring Country, can only be made with prior approval of the Government. The Press Note also states that any transfer (whether direct or indirect) of any current or future FDI in any Indian entity, which results in the beneficial ownership being transferred to any such person of a Neighbouring Country, would be subject to the approval of the Government. The corresponding amendment to the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019 (‘NDI Rules’) has been made on April 22, 2020, making the above noted change in FDI policy effective. Please refer to our Client Alert dated April 20, 2020 (accessible on our website here) for more details.

TAGS

    SHARE

    Subscribe

    DISCLAIMER

    These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

    RELATED READING

    Inter Alia

    Supreme Court Holds that Application for Extension of Time is Maintainable, Even After Expiry of Arbitral Tribunal’s Mandate

    Oct 30, 2024 | Dispute Resolution
    Inter Alia

    Trademark Orders Passed by Contractual Officers to be Revalidated

    Oct 30, 2024 | Intellectual Property
    Inter Alia

    SEBI Provides Exemptions to University Funds and University Related Endowments Registered as FPIs from Making Additional Disclosures

    Oct 30, 2024 | Financial Services Regulatory & Securities