FEMA Masterclass (Gurgaon)

In the light of economic reforms and the liberalised business scenario in the country, the Foreign Exchange Management Act (FEMA) was introduced in India in 1999 which emerged as an investor friendly legislation. This act relaxed foreign exchange restrictions resulting in significant flow of investments into India over the years making it one of the most lucrative FDI destinations in the world. On the other hand Indian businesses have also been very aggressive in making investments overseas. Such rising inbound and outbound investments make it crucial to understand those regulations that govern such capital inflows and outflows. All transactions involving foreign exchange fall under preview of Foreign Exchange Management Act (FEMA) read with FDI policy.

CorpKonnect’s full day workshop on FEMA Regulations and Foreign Investments will identify and throw light on various issues related to FEMA compliances and investments into and from India.


Benefits of attending:

  • Know the regulations of Foreign Exchange Transactions
  • Understand the critical aspects related to Inbound and Outbound investments
  • Gain insights on how to set up business in India
  • Learn the important aspects of external commercial borrowings
  • Know the latest changes in the New consolidated FDI Policy

 
Who should attend:

  • CFOs
  • Company Secretaries
  • Finance and Accounts Executives
  • Corporate/General/In-house Counsel
  • Commercial and Investment Bankers
  • Foreign Exchange Dealers
  • Chartered Accountants
  • HNIs
  • Investment Trusts

Session 1: Session 1: Exchange Management Act 1999

  • An Introduction to FEMA Legislation
  • FEMA Structure
  • Types of Transaction
  • Residential Status
  • Recent Amendments

Inbound Investments: LO/BO/PO

  • Who can set up
  • Routes
  • Permissible Activities
  • Bank Accounts and Repatriation of Profits
  • Criteria of considering Permission by RBI
  • Documents to file
  • Expansion/Additional Activity
  • Closure
  • Case Studies


Session 2: ODI regulations- Investment Routes

  • Eligible Investors and General Prohibition
  • Direct Investments Abroad by
       - Corporates & Registered Partnership Firms
       - Individuals
  • ODI by Trust and Societies
  • Funding Mechanism
  • Valuation and Compliances
  • Restructuring of Investments
  • Exit
  • Liberalized Remittance Scheme
  • Case Study Analysis


Session 3: Foreign Direct Investments (FDI)

  • Entry Routes and eligible Entities
  • Sectoral analysis (Restricted, Prohibited & Permitted)
  • Eligible Investors and prohibitions
  • Eligible Instruments for Investment and pricing
  • Reporting and Remittance
  • Enforceability of Share Transfer Restrictions
      - Regulatory Background and Past challenges
      - Recent Developments
      - Issues from FDI Perspective
  • Other recent developments from Finance Bill 2017

Indirect Foreign Investments

  • Downstream Investments
  • Transfer of Shares
  • Round Tripping
  • Case Study Analysis


Session 4: External Commercial Borrowings

  • Eligible Borrowers and Lenders
  • Routes of availing ECBs
  • Permitted and Prohibited End Use
  • Guarantees/Security
  • Repayment and Refinancing
  • Parking of ECB Proceeds Overseas
  • Conversion of ECB into Equity
  • Procedure and Compliance
  • Structured Obligation
  • Other Instruments that require Compliance with ECB norms
Harsh Kumar
Partner
Cyril Amarchand Mangaldas

Harsh Kumar is a Partner at the Delhi office of Cyril Amarchand Mangaldas. He is a part of the Firm’s Corporate Practice Team and focuses on Mergers & Acquisitions and Private Equity transactions. Harsh has advised various Indian blue chip and foreign companies on inbound and outbound acquisitions, joint ventures, strategic alliances, and corporate restructurings across a range of industries and jurisdictions. He has also worked on several private equity investments and interacts closely with professionals from other disciplines including investment bankers and chartered accountants.

Harsh is the Co-Head of the Firm’s Japan Desk. He frequently advises Japanese companies in relation to their investments into India. He has also travelled to Japan for India related work and has authored several articles on India-Japan related matters.

Harsh has also worked in the London office of Herbert Smith LLP where he was involved in international corporate transactions. 


Arpita Garg
Partner
J. Sagar Associates

Arpita practices in the areas of Banking & Finance and General Corporate Commercial.

She has advised domestic and international clients in Banking & Finance related transactions including Syndicated Lending (secured & unsecured), domestic & External Commercial Borrowings, Project Financing, Acquisition Financing and Debt Restructuring. She has also advised clients on exchange control laws, security creation and general Corporate Commercial laws.

Before joining JSA, she was working with ICICI Bank Limited, Mumbai in their Corporate Legal Department. During her time spent at ICICI Bank, Arpita has worked on various corporate financing and project lending to multinational and domestic companies.


Vishwas Panjiar
Quailfied Chartered Accountant & a law graduate

Vishwas has considerable expertise in corporate & international taxation, company law and exchange control matters and has been involved in providing advisory services on taxation and structuring for various Indian and foreign companies. He has a rich and varied experience of over 15 years to the Indian tax and regulatory system. He has been involved in several restructuring, mergers, demergers and business modelling exercise including transactional tax advisory; structuring of an investment pooling vehicle; advisory to facilitate private equity investment, etc. As a part of Tax and Regulatory Service, Vishwas has also helped several foreign corporations establish presence in India.Vishwas is a regular speaker at professional forums and business associations.   


Prakriti Jaiswal
Principal Associate
J. Sagar Associates

Prakriti specialises in Mergers & cross border investments & acquisitions. Her experience includes rendering advisory and structuring services on a variety of transactions including acquisitions of shares & business, Private Equity investments, Joint Ventures and corporate advisory.

Prakriti has represented & advised various Indian and overseas acquirers, Indian investee companies and promoters, investment funds in a variety of industry sectors including Pharmaceutical, Logistics, Power, Manufacturing Industry, Infrastructure, IT, Financial Services, and the Hospitality sector.

Before joining JSA, she was associated with Desai & Diwanji, one of India’s premier and oldest law firms.


C V Srikant
Sr. Associate
J. Sagar Associates

Ramada Gurgaon Central
Site No 2, Sector 44, Gurgaon
0124 - 4886400
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Registration Fees: INR 8,500 + 15% Service Tax per Delegate

Avail 10% early bird discount on 2 or more registrations till 16th June 2017

The fees would include Course Material, Participation Certificate and Lunch & Refreshments at the Hotel


Modes of Payment and Registration

Online Registrations through Credit/Debit Card : Click Here

For Offline registration through Cheque/DD/ and NEFT: Please contact the below mentioned:


Biplab SenGupta
Mob No: 8130826342
Email: training@corpkonnect.com