M&A in stressed Indian companies: will the SEBI amendments help?
The SEBI has permitted stressed companies to undertake a preferential issue at a price, which is the average of the weekly high and low of the...
Measures taken by India’s securities regulator to ease capital raising by listed companies
After the nationwide lockdown was imposed in the third week of March, India’s Securities and Exchange Board of India (the “SEBI”) has been...
The Amrapali fraud: India’s foreign investment and money laundering laws should not be taken lightly by investors
Foreign investment in India is regulated by the Ministry of Finance and the Reserve Bank of India (RBI), and foreign investors have a strict onus of...
Suspension of India’s insolvency and bankruptcy code: will it add to the problem?
On June 5, 2020, the Indian government promulgated the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2020 (the “Ordinance”). The Ordinance...
M&A in India: post-lockdown trends and issues
Distress Currently, the one word that best describes the situation of many Indian companies and businesses is “distress”. The two-plus months of a...
The aftermath of COVID-19 in India: Employment law has assumed greater importance than ever before
India is the fifth-largest economy in the world with a workforce of 400 million. Several companies across the world have wholly-owned subsidiaries...