An in-depth knowledge of the various regulatory requirements and approvals involved is instrumental in the advice given to clients involved in cross-border transactions, be it outbound or inbound. Our regulatory experience involves advising clients of the requisite approvals involved in all aspects of a transaction, be investment approvals from the Foreign Investment Promotion Board, Reserve Bank of India and the appropriate government departments at the central, state levels and local authorities as well as trade matters with Director General of Foreign Trade and other government agencies. This practice area extends to regulatory approvals in various branches of law including corporate, labor, environmental, export controls, information technology, intellectual property and telecom.
The representative experience ranges from:
- Assisting foreign clients in obtaining regulatory approvals for investing in India, and securing the necessary related registrations for commencement of business and trade activities;
- Advising domestic and foreign clients on central and state laws regulating foreign exchange, external commercial borrowings, lending and deposit taking by non-banking financial companies, and funds transfer;
- Representing US-based private equity groups in connection with the acquisition of and investment in finance, trust, and asset management companies;
- Advising on and securing essential approvals for European and North American companies in corporate restructuring, consolidation of operations and expansion of activities, both of manufacturing and services companies;
- Representing entities on regulatory issues emerging from conducting clinical trials, import of drugs, cosmetics, import laws and procedures, coordination with the regulators on an ongoing basis to ensure compliance with the applicable laws;
- Counseling clients on compliance with the interrelated central and state regulatory schemes governing employees.