India eases FDI approval for firms with non-controlling land-border ownership
→M&A teams must verify beneficial ownership is non-controlling before bypassing government approval
Change
India amended Press Note 3 to remove mandatory prior government approval for FDI when beneficial ownership by land-border country entities is non-controlling.
Why it matters
Amendment limits the prior-approval exemption to cases of non-controlling beneficial ownership. Government approval must be obtained for investments with controlling beneficial owners from land-border countries.
Implications
- — Compliance teams must secure proof of non-controlling beneficial ownership before closing or lose the exemption.
- — Foreign investment sponsors must structure holdings as non-controlling now or trigger mandatory prior government approval.
Unlock the full brief.
Implications — what this forces you to change
Who is affected — which roles and obligations are exposed
What to watch — binding deadlines and enforcement dates
Real-time alerts — delivered the moment a binding change is published
Clarify with AI — turn any brief into a decision for your role
Start free trial
No credit card · $29/month (~₹2,400) after trial · Active in seconds
Source
View on The Hindu