FOCC, CSR, and FCRA: Too Foreign to Ignore, Too Indian to Exclude
Authors: Mr. Chirag Jain (Partner) and Ms. Snigdha Prakash (Principal Associate) One label. Two regulatory identities. That is the quiet complexity of foreign owned or controlled companies (FOCC) in India. Under India’s foreign exchange framework, a foreign owned or controlled company (FOCC) is treated as both a resident and a non-resident – depending on the […]