Term ‘control’ redefined under FDI Policy; now in sync with SAST Regulations, 2011 and new Cos. Bill

FDI/FEMA/ILT : Consolidated FDI Policy - Amendment in Paragraph 2.1.7 of Existing FDI Policy Circular 1 of 2013 - Definition of Term "Control" Revised for Calculation of Total Foreign Investment I.E. Direct & Indirect Foreign Investment in Indian Companies