Floor, Cap & Fair Value: How FEMA Puts a Price Tag on Cross-Border Deals

Your foreign investor has signed the term sheet. The money is ready. So why is your bank asking for a valuation report? Because in India, a cross-border share deal is never just a negotiation between buyer and seller. There is a silent third party at the table: the Foreign Exchange Management Act, 1999 (FEMA). And… Continue reading Floor, Cap & Fair Value: How FEMA Puts a Price Tag on Cross-Border Deals

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