by Majmudar & Partners | Jun 24, 2016 | Foreign Investment
Introduction India’s foreign investment regime has been liberalized significantly in the last couple of years. On June 20, 2016, the Indian government announced a host of reforms to further liberalize foreign investment in the defence, pharmaceuticals, retail...
by Majmudar & Partners | Jun 17, 2016 | Competition, Corporate/M&A
Introduction The Competition Act, 2002 (the “Act’) read with the Competition Commission of India (Procedure in Regard to the Transaction of Business relating to Combinations) Regulations, 2011 deal with the merger control regime in India. Recently, the Indian...
by Majmudar & Partners | Jun 15, 2016 | Corporate/M&A, Foreign Investment
Introduction M&A transactions often include escrow and indemnification provisions. Recently, the Reserve Bank of India (the “RBI”) has amended the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000,...
by Majmudar & Partners | Jun 10, 2016 | Insolvency and Restructuring
Background – The need for a new law The Indian legal framework for insolvency resolution, debt recovery and restructuring of stressed assets was ineffective in ensuring satisfactory repair of credit default mainly due to the fact that insolvency and debt...
by Majmudar & Partners | May 26, 2016 | Securities Law
Introduction On May 19, 2016, the Securities and Exchange Board of India (the “SEBI”), in its board meeting, specified certain additional measures to enhance transparency and control over the issuance of offshore derivative instruments (“P-Notes”). These measures...
