Article
India’s 2026 FDI Regulatory Overhaul: A Critical Legal Analysis Of FEMA (NDI) Amendments, And The SOP Framework
In the wake of the COVID-19 pandemic, the Department for Promotion of Industry and Internal Trade (“DPIIT”) had issued Press Note 3 of 2020 (“PN3”), mandating prior Government approval for investments originating from entities or citizens of countries sharing land borders with India (“LBCs”), or where the beneficial owner of the investment was situated in or was a citizen of such countries.
Saga Legal