Regulatory Services

In one of the fastest growing economies of the world, with a dynamic regulatory environment there is a heightened need for any entity operating in India to understand and ensure due compliance with evolving legislations including the Foreign Exchange Management Act (FEMA) 1999, Companies Act 2013 & other applicable laws.

Inbound & Outbound Investments (FEMA / FDI)

Providing advisory & compliance assistance to corporate as well as individual clients – Residents, Non Residents & NRIs.

Transaction Structuring & Advice for Inbound & Outbound Investments
Assistance in establishment of Indian business entity including Liaison/Branch/Project Offices of foreign companies operating in India
Advisory for Setting up a JV / Wholly Owned Subsidiary outside India
FEMA / FDI Compliant Valuations
Opinions on various matters under FEMA laws
Preparation of necessary documentation and obtaining approvals from authorities
Foreign Residency & Citizenship Services
Ongoing Compliance services

Company Law & Related Matters

Setting up of Companies, Limited Liability Partnerships, Joint Ventures, Branch Offices, Project Offices and Liaison offices in India
Setting up of trusts, societies, Section 25 companies under provisions of Companies Act 2013
Assistance & advise for conversion of entities into Limited Liability Partnerships, Partnerships, Companies as required
Assistance & advise in reconstructions including merger, amalgamation and demerger process
Assistance & advise for compliance with Corporate Social Responsibility (CSR)
Assistance & advise for obtaining Regulatory Approvals from relevant authorities
Winding up of Companies under provisions of Companies Act 2013
Advisory and Opinions on matters related to Companies Act 2013
Assistance & advise for reviewing compliances under the Companies Act 2013

NBFC (Non-Banking Financial Companies) Advisory and Compliances:

Assistance in formation of NBFCs;
Advisory on NBFC matters under applicable extant regulations
Advisory and assistance in Compliance management for CICs (Core Investment Companies)
Advisory on applicability of FEMA, ECB framework, investments on NBFCs
Assistance and guidance for seeking various approvals from regulatory bodies, if required

Gift City/ IFSC Services

Structuring Advise for setting up of entity/office in GIFT City
Setting up of Companies/Trusts/LLPs/Branch Offices in GIFT City
Assistance & Advice in Obtaining Approvals from GIFT/SEZ/IFSC Authorities
Assistance & Advise on inbound investments, outbound investments and fundraising in GIFT City
Advise on Regulatory Compliances including FEMA, Corporate Law and IFSC Act

Our Team

Dhruv Chopra

Related Blog Post

Rule 114B: CBDT Amends PAN-related Rules for Foreign Companies and NRs Transacting with IFSC Banking Units

The Central Board of Direct Taxes (CBDT) has amended rules related to obtaining and quoting Permanent Account Number (PAN). The amendments have been made in Rule 114B, 114BA and 114BB of the Income Tax Rules, 1962 (the Rules). ...

Rule 11UA: New Methods for Valuing CCPS and Unquoted Shares

The Finance Act, 2023 amended section 56(2)(viib) of the Income Tax Act, 1961 (‘the Act’) to bring into account the consideration received from non-residents for issuance of shares. Now, the CBDT has notified Income-tax (Twenty-First Amendment) Rules, 2023, amending Rule 11UA to implement the amendment made to Section 56(2)(viib). The changes notified in Rule 11UA are mentioned below: CBDT has separately introduced a mechanism for arriving at the fair market value of Compulsorily Convertible Preference Shares (CCPS) for investment from residents as well as non-resident residents; it also provides that the valuation of CCPS can also be based on the fair market value of unquoted equity shares as prescribed....

Framework for Voluntary Delisting of Debt Securities

The Securities and Exchange Board of India (“SEBI”) have included framework for voluntary delisting of non-convertible redeemable preference shares and non-convertible redeemable preference shares (collective “NC Securities”) from Stock Exchange (“SE”) by inserting Chapter VIA to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR”) ..