Guidelines pertaining to approval of foreign/technical collaborations under the automatic route with previous ventures/tie-up in India

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..... der the automatic route with previous ventures/tie-up in India. 1. The Government have reviewed the present Guidelines relating to approval of foreign/technical collaborations under the automatic route and after careful consideration it has been decided that foreign financial/technical collaborators with previous ventures/tie-up in India would be subjected to the following guidelines: Automatic .....

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..... f to the satisfaction of FIPB/PAB that the new proposal would not in any way jeopardize the interests of the existing joint venture or technology/trade-mark partner or other stakeholders. It will be at the sole discretion of FIPB/PAB to either approve the application with or without conditions or reject in toto duly recording the reasons for doing so. 2. The above procedure will form part of the .....

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