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FDI Policy Paragraph Annexure-9
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Consolidated FDI Policy Circular of 2020

Paragraph Annexure-9 Annexure 9

Chapter
Annexures · Annexures
Text as on
As issued 15 October 2020; Press Notes since are not applied
Annexure - 9 Certificate to be furnished by the Prospective Investor as well as the Prospective Recipient Entity (Para 5.2.27.3 (ii))
It is certified that the following is the complete list of all inter-se agreements, including the shareholders agreement, entered into between foreign investor(s) and investee brownfield pharmaceutical entity
1. ………………
2. ……………….
3. ………………. (Copies of all agreements to be enclosed) It is also certified that none of the inter-se agreements, including the shareholders agreement, entered into between foreign investor(s) and investee brownfield pharmaceutical entity contain any non-compete clause in any form whatsoever. It is further certified that there are no other contracts/agreements between the foreign investor(s) and investee brownfield pharma entity other than those listed above. The foreign investor(s) and investee brownfield pharma entity undertake to submit to the Government any inter-se agreements that may be entered into between them subsequent to the submission and consideration of this application.
AD ABBREVIATIONS ADRs AIF Authorised Dealer ARC American Depository Receipts B2B Alternative Investment Fund B2C Asset Reconstruction Company CA Business-To-Business CCEA Business-To-Customer CCS Chartered Accountant CDR Cabinet Committee on Economic Affairs CEO Cabinet Committee on Security CIC Corporate Debt Restructuring CICs Chief Executive Officer COO Credit Information Companies CSO Core Investment Companies CTO Chief Operating Office DGFT Chief Security Officer DoT Chief Technical Officer DPIIT Directorate General of Foreign Trade DRs Department of Telecommunications DSIM Department of Promotion of Industry and Internal Trade DTH Depository Receipts ECB Department of Statistics and Information Management ESOPs Direct to Home FCCBs External Commercial Borrowing FC-GPR Employees Stock Option Scheme FC-TRS Foreign Currency Convertible Bonds FDI Foreign Currency-Gross Provisional Return FED Foreign Currency-Transfer of Shares FEMA Foreign Direct Investment FERA Foreign Exchange Department Foreign Exchange Management Act, 1999 Foreign Exchange Regulation Act, 1973
FI Foreign Investment FIFP Foreign Investment Facilitation Portal FIRC Foreign Inward Remittance Certificate FPIs Foreign Portfolio Investors FVCIs Foreign Venture Capital Investors G.S.R General Statutory Rules GDRs Global Depository Receipts GMPCS Global Mobile Personal Communications Services HITS Headend-in-the Sky Broadcasting Service HUF Hindu Undivided Family IBD Investment Banking Division ICDR Issue of Capital and Disclosure Requirements InvIts Infrastructure Investment Trusts IPLC International Private Leased Circuit IPO Initial Public Offering IRDAI Insurance Regulatory and Development Authority of India ISP Internet Service Provider JV Joint Venture KYC Know Your Customer LCOs Local Cable Operators LIBOR London Interbank Offered Rate LLP Limited Liability Partnership LNG Liquefied Natural Gas LRN Loan Registration Number MBRT Multi-Brand Retail Trading MSEs Micro & Small Enterprises MSOs Multi System Operators NHB National Housing Bank NIC National Informatics Centre NIC Code National Industrial Classification Code NITI Aayog National Institute for Transforming India Aayog NLEM National List of Essential Medicines
NOC No Object Certification NRE/FCNR Non-Resident Rupee/Foreign Currency Non-Resident Account NRI Non-Resident Indian NRO Non-Resident Ordinary OCB Overseas Corporate Body ODI Overseas Direct Investment OFBV Own Fund of Book Value OFRS Online Return Filing System Outward Outward Foreign Affiliates Trade Statistics FATS PAN Permanent Account Number PFRDA Pension Fund Regulatory and Development Authority PIOs Person of Indian Origin PIS Portfolio Investment Scheme PMLA Prevention of Money Laundering Act, 2002 PMRTS Public Mobile Radio Trunked Services PPP Public Private Partnership PSAR Private Security Agencies (Regulation) Act, 2005 PSU Public Sector Undertakings PUC Paid-up Capital R&D Research and Development RBI Reserve Bank of India REITs Real Estate Investment Trusts RFPI Registered Foreign Portfolio Investor SARFAESI Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 SAST SEBI (Substantial Acquisition of Shares and Takeovers), 2011 SBRT Single Brand Retail Trading SEBI Securities and Exchange Board of India SEZs Special Economic Zones SIA Secretariat of Industrial Assistance SOP Standard Operating Procedure
SRs Security Receipts SWF Sovereign Wealth Fund TDR Transferable Development Rights TRAI Telecom Regulatory Authority of India UIN Unique Identification Number WLAO White Label ATM Operations WT Wholesale Trade