Stories by Sumitava Basu
Are options under FEMA really enforceable?

Are options under FEMA really enforceable?

Exit clauses with downside protection have been a common demand of foreign investors/partners dealing with Indian firms. While the Reserve...
Court ruling in Hubtown case offers new lease of life for structured deals in FDI

Court ruling in Hubtown case offers new lease of life for structured deals in FDI

In a decision which is likely to be viewed by foreign investors favourably, the apex court in the matter of...
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