Companies may soon get to retain legal identity in flipbacks
- Posted on August 2, 2026
- By Business News Today
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- 1 min read
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Companies may soon get to retain legal identity in flipbacks
A parliamentary panel proposes a new statutory framework for inward re-domiciliation. This would allow overseas companies to migrate to India while retaining their legal identity. The joint committee will recommend this new framework in its upcoming report. Sweeping changes are also expected to align corporate law with data protection. This initiative aims to simplify relocation for Indian-origin firms and future-proof legislation.