Investment by unincorporated entities barred under FDI rules; only incorporated or registered foreign entities may invest. An unincorporated entity shall not be permitted to make fresh investments under the FDI Scheme, including the Automatic Route; only an entity incorporated or registered under the laws of its host country is eligible to invest as per the amended Foreign Exchange Management Regulations, with Authorised Dealers required to inform constituents of the change.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Investment by unincorporated entities barred under FDI rules; only incorporated or registered foreign entities may invest.
An unincorporated entity shall not be permitted to make fresh investments under the FDI Scheme, including the Automatic Route; only an entity incorporated or registered under the laws of its host country is eligible to invest as per the amended Foreign Exchange Management Regulations, with Authorised Dealers required to inform constituents of the change.
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