A new RBI form is stalling M&A
There appears to be an inconsistency: in one instance, the requirements permit the transfer of shares before obtaining AD approval for the FC-TRS, while in another, the FDI Policy mandates that the transfer can only occur after the company receives the AD-approved FC-TRS, observe Bhavik Narsana and Snehal Raut of Khaitan & Co. in this exclusive column.
There appears to be an inconsistency: in one instance, the requirements permit the transfer of shares before obtaining AD approval for the FC-TRS, while in another, the FDI Policy mandates that the transfer can only occur after the company receives the AD-approved FC-TRS, observe Bhavik Narsana and Snehal Raut of Khaitan & Co. in this exclusive column.
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
