The Universities Grants Commission (“UGC”) recently unveiled draft regulations for foreign institutions to set up campuses in India. Titled University Grants Commission (Setting up and Operation of Campuses of Foreign Higher Educational Institutions in India) Regulations, 2023 (“Draft Regulations”), they are available in the public domain for comment and feedback before the final regulations are notified. In the discussion that follows, we review the positives in the Draft Regulations, and the areas that may need further clarity.
Please click here to read the full article by Saurya Bhattacharya, published in Mondaq.
Saurya specialises in domestic and cross-border corporate matters, with a special focus on acquisitions, joint ventures, asset and business sale, commercial contracts, corporate structuring and restructuring, corporate compliance and strategic advisory.