India:
Revised Norms On FDI in Asset Reconstruction Companies - A Game Changer?
03 October 2016
Juris Corp
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The Department of Industrial Policy & Promotion, vide a
press note dated 6th May 2016 (the "Press
Note") has allowed 100% foreign direct investment
("FDI") under automatic route in Asset
Reconstruction Companies (the "ARCs"),
subject to certain key conditions. This FYI provides a brief
overview of the changes and their impact.
Download the FYI by clicking
here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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