Foreign Investment & Exchange Control

Partners at Phoenix Legal are credited with pioneering work related to foreign investment, ever since the early years of liberalization.

We have successfully assisted many multi-national corporations in establishing their presence in India and counselled organisations across sectors (including highly regulated sectors from a foreign investment perspective such as insurance, retail and defence) on the changing regulatory environment with regard to foreign investment.

Our practice regularly advises non-resident and resident clients looking to create business synergies through international tie-ups either through equity investments or technology tie-ups.

We also work closely with regulators across industries, to ensure compliance.

A major financial institution client says: “We have different business lines, and on the global banking transaction one, Phoenix Legal is our go-to firm.” The client continues: “The main core strength is their product knowledge and their ability to come up with a client-oriented solution.”

– Chambers and Partners 2020

One client says that they “seek the firm’s advice for corporate governance and investments in India,” adding: “They do a great job helping us wade through the thicket without running into issues.” In relation to arbitration, another client praises the firm for its “deep understanding of business requirements and its good understanding of international practices.

– Chambers and Partners 2020

Strengths Interviewees praise the team’s “ability to come up with client-oriented solutions without compromising on legal issues."

– Chambers and Partners 2020