Lakshmikumaran & Sridharan updates

 
Restrictions on FDI from bordering countries
Lakshmikumaran & Sridharan
  • Corporate Finance/M&A
  • India
  • 09 September 2020

In light of the disruption caused by the COVID-19 pandemic, India has adopted a similar approach to the United States and Europe and restricted foreign direct investment from certain jurisdictions. By way of a notification issued by the Department of Economic Affairs, the government has introduced measures to curb opportunistic takeovers (direct or indirect) of Indian companies by persons or entities of any country which shares a land border with India.

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