INTRODUCTION: With the aim of enhancing “ease of doing business” and “promoting the principle of Maximum Governance and Minimum Government”, the Government of India abolished the Foreign Investment Promotion Board (“FIPB“) on May 24, 2017. In its place, the relevant administrative ministry/department in consultation with the Department for Promotion of Industry and Internal Trade (“DPIIT“)… Continue reading DPIIT ISSUED NEW SOPS FOR CLEARANCE OF FDI PROPOSAL