TMI BlogProhibition against opening a branch office or a liaison office or a project office or any other place of business in IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... ffice or a project office or any other place of business) Regulations, 2016 X X X X Extracts X X X X X X X X Extracts X X X X ..... o undertake manufacturing and service activities, subject to the conditions that:
i) such branch offices are functioning in those sectors where 100% FDI is permitted;
ii) such branch offices comply with Chapter XXII of the Companies Act, 2013; and
iii) such branch offices function on a stand-alone basis.
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