News & Media 23rd Mar 2026
Our Partner, Yashojit Mitra a shares his insight in The Times Of India, “The door India left ajar: Economic ties with China see a Calibrated reset with easing of FDI rules – explained.”
He highlights that the reform presents a ‘mixed bag’ in operational terms. While the PMLA-aligned definition provides some clarity by confirming the applicability of PMLA definitions and thresholds—thereby reducing ambiguity for multinational funds with complex shareholding structures—Press Note 2 continues to emphasise indirect ownership, control, and the ability to exercise ultimate effective control over investee entities, which may still be subject to broad interpretation.
As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.