GOVERNMENT OF INDIA
MINISTRY OF INFORMATION & BROADCASTING
APPLICATION FORM FOR FOREIGN DIRECT INVESTMENT IN INDIAN
ENTITIES PUBLISHING NEWSPAPERS/PERIODICALS DEALING WITH NEWS
AND CURRENT AFFAIRS /PUBLICATION OF FACSIMILE EDITIONS OF
FOREIGN NEWSPAPERS.
GENERAL INFORMATION
(Nine copies, duly filled in, as required in Guideline 1(i) are to be submitted)
1. State the purpose of the application:
(i) For Foreign Direct Investment by Foreign Corporate Body/Non-Resident
Indian/Persons of Indian Origin, Foreign Institutional Investors, others (to be
specified), in a new/existing company publishing newspapers/periodicals dealing
with news and current affairs
_________________________________________________________________________
(ii) Whether New application for setting up a new company / inducting foreign
investment in an existing company/amendment in an existing approval (give details of
previous approvals) ____________________________
(iii) For publication of Facsimile edition of a foreign newspaper by
(a) Existing Indian entity ____________________________
(b) Foreign Company ____________________________
2. Payment Details of Application Fee.
Please attach Demand Draft of a scheduled bank made in favour of Pay & Accounts
Officer, M/O Information & Broadcasting to be payable at New Delhi.
Demand Draft No. and date_______________
Amount Rs.___________ __________________________ rupees
(in figures) (in words)
Issued by _________________
(Name of the Bank)
………………………………………………………………………………………
Received Application No. __________ on ___________ from ______________ for foreign direct
investment in Indian entities dealing with news and current affairs.
For office use only
APPL. No.------
APPL. DATE
SIGNATURE
3. Name and Address of the applicant Indian entity/Foreign Company (for
facsimile editions) in full (Block letters please)
Name __________________________________________________
Postal Address ___________________________________________
___________________________________________
PIN Code ___________________ Telephone __________________
Cable ______________________
E-Mail _____________________ Fax ______________________
4. (i) Registrar of Companies (ROC) Registration number, if any, of the applicant
__________
(ii) Corporate Identity Number (CIN) given by ROC
5. Please specify status of the existing Indian entity (whether Individual/Partnership
firm/Government Company as defined u/s 617 of the Companies Act/Joint Sector
Company/Public or Private Ltd. Company/Co-operative Undertaking/State Government
Industrial Corporation/Trust/Other).
Status of foreign company (in case of facsimile editions ) whether a Wholly Owned
Subsidiary (WOS) or in collaboration with an Indian entity may be
given.________________________________________________________
6. Activities of the Company etc (Please provide details in an attached sheet where
necessary and attach copy of partnership deed/Articles and Memorandum of Association
of the Company)
Existing Entity
Proposed Company
7. (i) Brief description of the type of newspaper / periodical/ name of newspaper in
case of facsimile editions, to be published _____________________________
(ii) Whether the newspaper will be published in whole or in part(s) (in case of
facsimile edition)
(iii) Please attach copies of preceding 3 issues/editions in case of an existing
publication.
8. Names of any other newspaper/magazine/journal/periodical published by the
applicant. …………………….
9. Please indicate:
(i) Whether the Indian entity has/has had foreign collaboration earlier? If yes, please
specify whether for the same or similar or different activity. Please also indicate
the Approving Authority and date and number of the Approval Letter (attach
copy).
_____________________________________________________________
_____________________________________________________________
(ii) Whether the foreign investor/Collaborator has/has had collaborations with any other
Individual/Company in India for the same or similar or different products/activities
? If so, please furnish details
_____________________________________________________________
_____________________________________________________________
10. Copy of draft Agreement proposed to be entered into with foreign entity may be
attached.
11. In case of existing Agreement, please indicate the period for which the agreement
has already run and attach the copy of the previous approval.
No. & Date of Date of commencement of Date of expiry of
Approval Agreement Agreement
_________ ______________________ ________________
Name __________________________________________________
Address ________________________________________________
12. (i) Capital structure of the Indian Company
Authorised Equity Paid Up Equity
Ordinary
Amount & % to
total
Preference
Amount & % to
total
Ordinary
Amount & % to
total
Preference
Amount & %
to total
Indian*
(resident)
FDI
NRI/
OCB/
PIO
Corpor
ate
Body/
FII
Existing
Equity
structure Foreign
(Non
Resident
Other
(specify)
Indian*
(resident)
FDI
NRI/
PIO
FII
Proposed
Equity
structure Foreign
(Non
resident)
Other
(specify)
* Give details separately for equity held by the 10 largest equity holders including individuals, Government
(Central/State), Government Companies as defined by the Companies Act 1956, Public Financial Institutions,
Nationalized/Other Banks.
(ii) Please give details of debentures, Loan Agreements, Shareholders Agreements as on
date (attach copies)
(iii) Please attach copy of agreement of largest Indian shareholder referred to in Guideline
3 A (iii)
13. Please indicate in brief:
(i) The background of the Indian Promoters/Company including
Proprietors/Promoter/Directors (attach separate sheet, if necessary).
(ii) The background of the Foreign investor/NRI/PIO/FII (attach separate sheet, if
necessary).
(iii) Name, nationality and residence status of each of the following in the existing and
proposed company
Directors in the Board
Key executives
Editorial staff
14. Please attach copies of Profit and Loss Account and Balance Sheet of the applicant
entity for the last three years
15. Location of the Registered office and Head office of the Company
Address ____________________________________________
___________________________________________________
District _____________________________________________
State _______________________________________________
Pin Code __________________ Telephone ____________
E-Mail ________________ Fax__________________
Address ____________________________________________
___________________________________________________
District _____________________________________________
State _______________________________________________
Pin Code __________________ Telephone ____________
E-Mail ________________ Fax__________________
16. Expected date of commencement of operations in the new entity
_____________________________________________________________
DECLARATION
1. I/We are duly authorised to sign this application for and on behalf
__________________________________________________________
2. I/We hereby certify that the above statements are true and correct to the best of
my/our knowledge and belief.
3. I/We hereby undertake to inform Ministry of Information & Broadcasting if
any of the facts furnished above undergo a change in the future.
Signature of Applicant(s) _________________________________
Name(s) in Block letters Sh/Smt/Ms __________________________
Designation of the signatory _____________________________
Place: ___________________ Date: _________________________
Note: - Application, which is unsigned, will not be accepted by the Ministry of
Information and Broadcasting.
AFFIDAVIT
(To be submitted by the applicant on a stamp paper of Rs.10/-, duly notarized by a Notary Public)
I………………………………………… Son/Daughter/Wife of…………………………………
………………………….. resident of (Address)…………………………………………………..
……………………………...….. certify that I am the publisher of………………………….……
…………………………………………….... (Language)………………………………………...
(Periodicity)………………………………………………………. (Place of publication with full
address……………………………………………………………………….…………….………
….………………………….. and solemnly affirm and declare as under:
1. that the owner(s) of the Firm/Joint/Stock/Trust/Co-operative Society/ Association
owning the facsimile edition of the foreign newspaper
named………………………………………... is/are citizen(s) of India.
2. the original foreign newspaper named
…………………………...…………………………… whose facsimile edition is proposed
to be brought out in India, is being published with the approval of the regulatory authority of
the country of origin, which in this case
is……………………………………………………………………………………………….
3. the original foreign newspaper is a standard publication in the country of origin and
is not specially designed for India readers.
4. the facsimile edition shall not carry any advertisements aimed at Indian readers in
any form.
5. the facsimile edition shall not carry any locally generated content/India specific
content, which is not simultaneously published in the original edition of foreign newspaper.
Signature of the Applicant(s)………………………………………………………………………
Name(s) in Block letters Shri/Smt./Ms…………………………………………………………….
Designation of the signatory……………………………………………………………………….
For and behalf of…………………………………………………………………………………...
Deponent
Place:………………………….
Date:…………………………..
VERIFICATION
1. I solemnly verify that the facts stated above are true and that nothing material has
been concealed.
2. That I also affirm that all the above facts as well as the subject matter of the
newspaper/publication will not be altered without the prior permission of the Government
of India.
Deponent
Place:………………………….
Date:…………………………..
ATTESTED