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ARTICLE · 04 DECEMBER 2012

Corporate Law Alert - September 7, 2012

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The Reserve Bank of India, "vide" A.P. (DIR) Series Circular No. 15 dated August 21, 2012, has amended Form ODI Part I and included new declarations under Section E and Section F of the said Form.

IndiaGovernment, Public Sector
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Overseas Direct Investments - Rationalisation of Form ODI

The Reserve Bank of India (RBI), vide A.P. (DIR) Series Circular No. 15 dated August 21, 2012, has amended Form ODI Part I and included new declarations under Section E and Section F of the said Form.

Foreign Direct Investment by citizens / entities incorporated in Pakistan

The RBI, vide A.P. (DIR Series) Circular No. 16, dated August 22, 2012, has amended Regulation 5 of Notification No. FEMA 20 / 2000 -RB dated May 3, 2000 to reflect the provisions of Press Note 3 (2012 Series) dated August 3, 2012 issued by the Department of Industrial Policy and Promotion with respect to investment in India by a citizen/ entity incorporated in Pakistan.

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