Rahul Patel

King & Spalding LLP

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Recently by Rahul Patel


Insights Into FDI In India

Editor: Foreign direct investment (FDI) in India has been opened up in many areas, but left restricted in others. Where is it still limited, and what is the rationale behind this decision? Patel: In August 2013, the FDI policy was liberalized with respect to several sectors, such as...

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India’s Foreign Direct Investment Policy Opens The Door To Multi-Brand Retail

Continuing a trend of liberalizing foreign direct investment (“FDI”) in its retail sector, the Indian government announced in September further changes to its policies designed to permit FDI in multi-brand retail trading of up to 51 percent, subject to certain significant conditions,...

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International Trade

Liberalization Of India’s Foreign Direct Investment Policy On Single-Brand Retail

The government of India has revised its policy regarding foreign direct investment (“FDI”) in Indian companies engaged in retail trade. Effective as of January 10, 2012, foreign investors will now be permitted, subject to certain conditions, to own up to 100 percent of single-brand...

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Potential Changes For Structuring Investments In India

India and Mauritius are likely to begin renegotiating the current India-Mauritius Double Taxation Avoidance Agreement (the “DTAA”) in the near future. The DTAA provides for the assessment of a capital gains tax on an investor only in the country of such investor’s residence....

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Antitrust & Competition

Delaware Chancery Court Upholds “Sign And Consent” Transaction And Board Process

On September 30, 2011, Vice Chancellor Noble issued an opinion in In re OPENLANE, Inc. Shareholders Litigation[1] that reiterated the permissibility of using a “sign and consent” structure for obtaining stockholder approval of a merger. The OPENLANE decision is also noteworthy as Vice...

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