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Foreign Direct Investment (FDI) Policy – Circular No. 2 of 2012 – Effective from 1st April, 2012

The consolidated FDI policy document is a single reference point for investors and regulators. The first such consolidation was released in March, 2010 after which it has been updated every six months.  This ˜Circular 1 of 2012™-is the fifth edition of the consolidated policy document.

In view of the fact that Government has undertaken substantial rationalization/ liberalization of the FDI policy, it is felt that the need for frequent amendments to the Circular does not exist any longer. Further, any changes made in the FDI policy are notified through Press Notes issued during the year. It has, therefore, been decided that the Consolidated Circular on FDI Policy, which was, until now, being released on a six-monthly basis, may, henceforth, be issued after one year. As such, the next version of the Consolidated Circular on FDI Policy, would be released on 29.3.2013.

The brief highlights of the Policy are available at the below link:

http://corporatelawreporter.com/notes-circular-1-2012-consolidated-fdi-policy-document-8764.html

The FDI Policy can be downloaded at the following link in the downloads:

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eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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