Era Gangwar, Thakur Ramnarayan College of Law, Mumbai, India ABSTRACT This paper analyzes the interplay of national security review and cross-border M&A regulations in India. First, the paper maps out the development of FDI-scrutiny mechanisms in India, particularly the changes introduced through Press Note No. 3 issued in 2020 (PN3) as well as its broader context provided by the Foreign Exch…
