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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>2011 FDI Policy Update: Convertible Pricing, Non-Cash Equity, Simplified Joint Ventures & Seed Development Rules.</h1> Circular 1 of 2011 introduces updates to the Consolidated Foreign Direct Investment (FDI) Policy, effective from April 1, 2010. Key changes include allowing companies to use a conversion formula for pricing convertible instruments, permitting equity issuance against non-cash considerations like capital goods and pre-incorporation expenses, removing the need for prior approval for joint ventures in the same field, and simplifying guidelines for downstream investments. Additionally, FDI is now allowed in the development of seeds without controlled condition requirements. These measures aim to enhance business operations, attract investment, and streamline regulatory processes.
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