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Key Takeaways From Press Note 2 (2026): The End Of The Knightian Uncertainty
In April 2020, amid concerns regarding opportunistic acquisitions during the COVID-19 pandemic, the Department for Promotion of Industry and Internal Trade (“DPIIT”), Government of India, issued Press Note 3 (2020 Series) (“PN3 2020”). PN3 2020 fundamentally altered India’s foreign direct investment (“FDI”) framework by requiring government approval for investments originating from countries sharing land border with India.
India Government
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Dentons Link Legal
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