FDI Policy definition

FDI Policy means the Consolidated Foreign Direct Investment Policy issued by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India through notification dated October 15, 2020 effective from October 15, 2020 and any modifications thereto or substitutions thereof, issued from time to time;
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FDI Policy shall have the meaning ascribed to it in the RFP;
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FDI Policy means the consolidated foreign direct investment policy of the Government of India issued by the Department of Industrial Policy and Promotion of the Ministry of Commerce and Industry on 28 August 2017. “Flipkart Marks” has the meaning assigned to such term in Section 2.10(t). “fraud” means fraud within the meaning of Delaware law, with scienter, as defined in accordance with Delaware law. “Fully Diluted Share Number” means an amount equal to the sum of, without duplication: (a) the aggregate number of Company Ordinary Shares issued and outstanding immediately prior to the Closing; plus (b) the aggregate number of Company Ordinary Shares that would be issuable upon the conversion of the Company Preference Shares that are issued and outstanding immediately prior to the Closing; plus (c) the aggregate number of Company Ordinary Shares purchasable under or otherwise subject to Company Options or Company Warrants outstanding immediately prior to the Closing; plus (d) the aggregate number of Company Ordinary Shares issuable upon the conversion of Company Preference Shares purchasable under or otherwise subject to Company Warrants outstanding immediately prior to the Closing; plus (e) the aggregate number of Company Ordinary Shares purchasable under or otherwise subject to any right (other than a Company Option or a Company Warrant) to acquire Company Shares (whether or not immediately exercisable) outstanding immediately prior to the Closing (in each case, determined on an as-converted-to- Company Ordinary Shares basis); plus (f) the aggregate number of Company Ordinary Shares that would be issuable upon the conversion of any convertible securities of the Company (other than Company Preference Shares) outstanding immediately prior to the Closing. “Fundamental Company Representations” means: (a) the representations and warranties set forth in Sections 2.1(a) (Due Organization; Etc.), 2.3 (Capitalization), 2.10(t) (Use of Name; Trademark 9
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Examples of FDI Policy in a sentence

  • The countries of concern would be as per the Ministry of Home Affairs’ (MHA) policy guidelines for assessment of proposals for National Security Clearance issued vide O.M. dated 1ST July, 2015, as amended/revised from time to time, read with the FDI Policy/ Guidelines issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, as amended/revised from time to time.

  • The FDI Policy issued by the DIPP permits foreign investment upto 100% in the Cash and Carry Wholesale Trading/ Wholesale Trading (“WT”) sector under the automatic route.

  • In terms of the FDI Policy, foreign investment is permitted (except in the prohibited sectors) in Indian companies either through the automatic route or the Government route, depending upon the sector in which foreign investment is sought to be made.

  • If the Tender Document indicates countries identified as not allowing Indian companies to participate in their Government procurement, then a declaration that they are not an ‘Entity’ of such countries (as per criteria of the FDI Policy of DPIIT as amended from time to time) and are therefore eligible to participate in this tender.

  • Conditions of the FDI Policy for wholesale/cash and carry business and for retail business haveto be separately complied with by the respective business arms.

  • In terms of Press Note 3 of 2020, dated April 17, 2020, issued by the Department for Promotion of Industry and Internal Trade (“DPIIT”), the FDI Policy has been recently modified to state that all investments under the foreign direct investment route by entities of a country which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country will require prior approval of the GoI.

  • In terms of the FDI Policy, the work of granting government approval for foreign investment under the FDI Policy and FEMA Regulations has now been entrusted to the concerned Administrative Ministries/Departments.

  • Further, the FDI Policy permits foreign investment upto 51% in the multi-brand retail sector under the government route subject to certain conditions which are mentioned below.

  • Further, in accordance with press note 3 of 2020, dated April 17, 2020, issued by theDepartment for Promotion of Industry and Internal Trade, Government of India, the FDI Policy has been recently amended to state that all investments by entities incorporated in a country which shares land border with India or where the beneficial owner of an investment into India is situated in or is a citizen of any such country will require prior approval of the Government of India.

  • The term entity of a country shall have the same meaning as under the FDI Policy of DPIIT as amended from time to time.


More Definitions of FDI Policy

FDI Policy means the foreign direct investment policy issued by the Government of India effective from October 15, 2020, the Foreign Exchange Management (Non-debt Instrument) Rules, 2019, the erstwhile foreign direct investment policy issued by the Government of India dated August 28, 2017, FEMA 20(R)/2017-RB, dated November 7, 2017 and includes all amendments, notifications, rules, regulations, circulars and guidelines issued thereunder or under any Applicable Laws applicable to foreign direct investment in India; Governmental Authority means any governmental, political, legislative, executive or administrative body, municipality or any local or other authority, regulatory authority, court, tribunal or arbitral tribunal, exercising powers conferred by Law in India or any other applicable jurisdiction (including the jurisdictions in which the Company is incorporated and/or carry on any business or activities), and shall include, without limitation, the President of India, the Government of India, the Governor and the Government of any State in India, any Ministry or Department of the same or any governmental or political subdivision thereof, the SEBI and the RBI; ICDR Regulations means Securities and Exchange Bank of India (Issue of Capital and Disclosure Requirements) Regulations 2018; Law means all applicable laws, by-laws, rules, regulations, orders, ordinances, protocols, codes, guidelines, policies, notices, directions, judgments, decrees, circulars, notifications, clarifications or other requirements or official directive or regulatory restriction or condition, or any similar form of decision of, or determination by, or interpretation of, having the force of law of any Governmental Authority or Person acting under the authority of any Governmental Authority or the Stock Exchange or of any statutory or regulatory authority in India, whether in effect on the Execution Date or on the Closing Date in any jurisdiction and includes any practice or custom under any applicable Law and in each case as amended from time to time; Long Stop Date means 14 (Fourteen) days from Execution Date, or such extended date which the Parties may mutually agree to in writing; Material Adverse Effect shall mean any change or effect that would be materially adverse to
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FDI Policy as on a particular date means the government policy and the regulations (including the applicable provisions of the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017) issued by the Government of India from time to time;
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FDI Policy means the Foreign Direct Investment Policy issued byDepartment of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India;
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Related to FDI Policy

  • R&W Policy means any buyer-side representations and warranties insurance policy purchased by a Buyer or an Affiliate thereof in connection with this Agreement on or before the Closing Date.

  • Blanket insurance policy means a group policy covering a defined class of

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Reimbursement insurance policy means a policy of insurance

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Policy means Related Party Transaction Policy.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • D&O Policies has the meaning set forth in Section 8.01(e).

  • Insurance Policies has the meaning set forth in Section 3.16.

  • The Policy means any insurance policy held by the Landlord for the Property or the Fixtures and Fittings.

  • Bond Insurance Policy means the municipal bond new issue insurance policy issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds.

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.