Monday, 22 June 2020

Laws to be tweaked for check on Chinese FDI?

The government is looking to amend several laws – from the Companies Act to Sebi Act and Foreign Exchange Management Act (Fema) – to stipulate checks on foreign direct investment (FDI) from China and other neighbouring countries as part of an exercise to strengthen its vigil, while also creating a central database for overseas investments.

from Times of India https://timesofindia.indiatimes.com/business/india-business/laws-to-be-tweaked-for-check-on-chinese-fdi/articleshow/76520043.cms
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