Legal & Regulatory

FDI in India: Types of Hybrid Financial Instruments Permitted

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In recent years, foreign investors have begun to invest in India using hybrid instruments or hybrid securities, that is, financial instruments that combine both debt and equity characteristics.

Antitrust Law in India: A Primer for Foreign Companies

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Foreign investors should note that the Competition Act is strictly enforced in India. The article discusses the importance of the anti-trust law, and its regulation of mergers, acquisitions, and combinations.

Company Incorporation in India: Fees Relaxed, Name Reservation Facility Introduced

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India has removed incorporation fees payable to the Registrar for OPCs and small businesses and made it easier to reserve a company name. We briefly discuss the latest ease of doing business reforms.

Importers in India: Customs Duty Increased, Social Welfare Surcharge Imposed

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India’s 2018 federal budget raised the customs duty for ten categories of imports to promote Make in India and boost local sourcing of components. Here we briefly discuss the duty hike and imposition of the new Social Welfare Surcharge.

The Companies (Amendment) Act, 2017 – Key Changes for Corporate Governance in India

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The 2017 Companies (Amendment) Act – in effect from January 4, 2018 – will ease doing business in India, and will improve transparency in corporate governance. Here we highlight major changes to the existing 2013 Companies Act.

India’s FDI Policy Amended: Single Brand Retail, Medical Devices Win Big

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India recently amended its FDI Policy; major beneficiaries include single brand retailers and the medical devices industry. The government has sought to provide more clarity on compliance requirements and ease the investment process.

Maharashtra Shops and Establishment Act, 2017

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The Maharashtra Shops and Establishment Act of 2017 was notified on September 7, 2017, and will come into force on a date to be specified in the Official Gazette. In this article, we discuss the key reforms proposed and forthcoming compliance requirements for firms in the state.

The Aadhaar Card in India: What Expatriates Need to Know

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Expats should take note of the identification documents and financial services that must be linked with the Aadhaar number if they hold residency in India.

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