The approval routes and control issues could undermine the intended benefits, necessitating further regulatory clarification.

SEBI’s proposal to further tighten the noose around P-notes represents a swift change in the regulatory landscape for P-notes and ODIs. 

This article delves into the laws regulating ODIs in India.

The author has particularly analyzed the restrictions on the number of layers of subsidiaries provided in the Overseas Investment Rules.

The article examines the revamped overseas investment framework.