Investment in India: Legal Hurdles
With the make in India initiative gaining
motion, foreign money inflow is at an all-time rise. The law firms in Delhi are playing an immensely important role in
helping these firms in inflow of capital into the country while abiding by the
prevalent laws of the land. These laws are extremely complex and these corporate law firms in Delhi play a
very vital role in the interpretation of these laws. There exist a large number
of legal formalities to be fulfilled and it is impossible for people and
companies coming from outside to understand them, and they take help from Corporate Lawyers in Delhi in order to
understand them.
Many of these provisions are ambiguous
and contain multiple possible interpretations. A law firm in Delhi helps these investors in appropriate
interpretation of these rules and regulations. They generally merge with the
local companies in accordance with the allowed investment limit in their
sectors. A corporate law firm in Delhi
helps these local companies as well to abide by the applicable rules and
regulations. In this way a Corporate
Lawyer in Delhi plays a dual role on his part by helping both the local and
the foreign companies.
The laws in India, specially the
corporate laws, are not stagnant and are regularly amended and changed. And
sometimes they are even entirely replaced by the new ones. The law firms in Delhi are very important
and helpful in understanding the consequences of such changes. For example, the
Companies Act 1956 was totally replaced by a new one in 2013. The Takeover
codes are regularly changed after every 3-4 years. And there are many more such
examples in the Indian corporate laws structure. The role of corporate law firms in Delhi increases
drastically, as a result, and they are responsible to explain these amendments
and their effects to their respective clients. These firms have hired Corporate Lawyers in Delhi who take
care of cases arising in the courts of the city.
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