A hot button issue which has been the subject of much investor interest over the last one year has been the introduction of Press Note 3 of 2020. Issued against the backdrop of the onset of the Covid-19 pandemic and the worsening geopolitical issues with China, the Press Note required that investments from and acquisitions by an entity based in a country which shares a land border with India, or where the “beneficial owner” of the investment is situated in a country which shares a land border with India, will be subject to prior Government approval.

Click to read more – Press Note 3 of 2020 – A First Anniversary Edition