The Centre for Corporate Law, NLUO recently concluded a Certificate Course on Foreign Exchange Management Act, 1999 (FEMA). The course was graciously taught by Ms. Anwesha Sinha who is an associate at Khaitan & Co.
The course covered regulations and compliances on foreign exchange transactions in India. Additionally, it also covered the complexities surrounding FEMA with a special emphasis on Overseas Direct Investment (ODI), Foreign Direct Investment (FDI), External Commercial Borrowings (ECB) and recent developments in the field with the advent of COVID-19. The students had an enriching experience and learnt the applicability of FEMA on transactional aspects of corporate deals, which would add value to their career in corporate law.
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