The government is looking to amend several laws – from the Companies Act to Sebi Act and Fema – to stipulate checks on foreign direct investment from China and other neighbouring countries as part of an exercise to strengthen its vigil, while also creating a central database for overseas investments. Discussions on legal amendments had begun before the tension at the LAC.
from Times of India https://ift.tt/2NnVFWo
Tuesday, June 23, 2020
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