The Supreme Court recently in Noel Harper v Union of India upheld the FCRA 2020 amendments holding the same to be reasonable and good in law. The Apex Court also stated that #ForeignInvestment and #ForeignContribution are distinct concepts and while the former is a fundamental right, one does not have any vested right in Foreign Contribution. The Court stated that for seeking #FCRA approval, Aadhaar numbers are not mandatory for Indian nationals, and an Indian passport would suffice for the purposes of identification.
Our Senior Partner Samheeta Rao and Associate Anurupa Mukherjee have penned down their thoughts in this article on what the Supreme Court said and what it left unsaid about #FCRA2020 amendments.
Click here to read the article.
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