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    <title>Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Twelfth Amendment) Regulations, 2013</title>
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    <description>The Regulations amend Regulation 14 to broaden the definition of control to include rights to appoint a majority of directors, control management or policy decisions, and influence via shareholding, management rights, shareholders&#039; agreements or voting agreements; they delete the prior narrower clauses. The notification substitutes Annex B with a revised sectoral policy listing FDI ceilings, entry routes and sector-specific conditions, and provides that the amendments are deemed effective from the stated commencement date with a non-adverse retrospective clarification.</description>
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