Mr Sanjay Sen Senior Advocate, Managing Partner Praxis Partners, India

1. London, 25th
June, 2013
Sanjay Sen, Senior Advocate

2.  Business or investment specific strategy
 sector norms
 government involvement
 at policy level
 regulatory approvals
 as stakeholder
 others (consumer / procurer etc.)
 Federal Polity
 Market
 Local Partner
 Confidentiality & IPR Issues
 Judicial remedies
2

3.  Sector norms
 Foreign Direct Investment Policy, 2013 (w.e.f. 5.04.13)
 Foreign Trade Policy, 2012
 Reserve Bank of India Guidelines
 Sector specific Guidelines and Procedures – DPP, 2013
 Government Involvement
 at policy level
 negotiating change of policy & risk mitigation
 regulatory approvals
 process & timeline – extent of support from local partner
 as a stakeholder
 PPP projects – investment approval
 others (consumer / procurer etc.)
 government procurement policy, CVC guidelines, procurement terms
linked to source of funds – domestic, multi / bilateral sources.
3

4.  Federal Polity
 Constitution: Federal & State subjects
 State regulations & taxes
 Policy initiatives - support to investment (e.g. FDI in
Multi Brand retail)
 Political & legal risks – 2G (telecom), Vodafone
 Market
 market regulator
 analysis & intelligence
 rules of competition (CCI)
 anti –dumping & WTO compliances
4

5.  Local Partner
 financial & legal due diligence
 accounting norms & practices
 business ethics
 culture mapping
 Confidentiality & IPR Issues
 legal framework & contracts
 enforceability
5

6.  Judicial remedies
 common law
 arbitration
 delays
 legal resource
6

7. Thank you
7