VANTAGE.
Vantage point (VANTAGE.) is the thought leadership initiative of Ascendus Law Partners.
A vantage point is a choice about where to stand. VANTAGE. is where Ascendus Law Partners sets out how we read the law as it moves, and what that reading means for the decisions our clients take.
Each piece covers one development, and tells you whether it touches you. Download and read at your own pace.
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Unpacking RBI's draft foreign investment rules 2026 What dealmakers need to know about the new framework
The RBI has proposed to replace the 2019 NDI Rules with a consolidated foreign investment framework. The draft narrows pricing to a single determined price, ties the meaning of equity to accounting classification, treats a 10% voting stake as control for indirect investment, and drops several chapters the current rules cover. We set out what changes for cross-border M&A, VC and PE deals, and where the RBI needs to clarify before the new rules take effect. | August 2026