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Legal Structure of India
India is a democratic country with a common law and a written constitution. The judicial system is of single hierarchy and is independent from the government. Though liberal in its policies for foreign investments, the Government of India has some rules and regulations that have to be strictly observed. To carryout business in India, foreign investors have the options of entering as a liaison office or representative office, a branch office or a project office by registering themselves with Registrar of Companies within first 30 days of setting up a place of business in India or as an Indian company in the form of a Joint Venture and wholly owned subsidiary. For opening of the foreign company specific approval of Reserve Bank of India is an imperative requirement as well (DIPP, 2011).
The main laws monitoring foreign investments are the Foreign Exchange management Act of 1999 (“FEMA”), the Companies Act of 1956, the Industries Act of 1951, the Monopolies and Restrictive Trade Practices Act of 1969 and the New Industrial Policy of 1991. Foreign collaboration and equity participation in India is regulated by the Foreign Exchange management Act of 1999. The Industries (Development Regulation) Act of 1951 governs industrial regulation. The Companies Act of 1956 regulates corporations and their management in India. The Monopolies and Restrictive Trade Practices Act of 1969 (“MRTP”) governs restrictive and fair trade practices. The New Industrial Policy of 1991 (“NIP”) which lays down the policy and procedure for foreign investment has liberalized and simplified the investment procedures (Madaan, 2011).
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印度的法律结构
印度是一个有着普通法与成文宪法的民主国家。司法系统是单层次和独立于政府。尽管自由在其政策的外国投资，印度政府有一些规则和条例，必须严格遵守。在印度开展业务，外国投资者进入作为一个联络办事处或代表处的选项，一个分支机构或项目办公室注册自己的公司注册后的30天设立营业地点在印度或作为合资企业的形式一家印度公司和全资子公司。为印度储备银行外国公司具体批准开放是一个必然要求以及（DIPP，2011）。
主要的法律监控外国投资1999的外汇管理条例（“联邦紧急事务管理局”），1956的企业行为，1951的行业行为，垄断与限制性贸易惯例法1969和1991的新产业政策。对外合作和参股印度是由1999个外汇管理条例之规定。产业（发展规律）法1951治产业管制。1956调节企业及其管理在印度的公司法。1969垄断与限制性贸易惯例法（“得”）管理的限制和公平的贸易做法。1991个新的产业政策（“小黄”）奠定了外商投资政策和程序已开放和简化投资程序（madaan，2011）。
