The Indian real estate sector: an overview
Introduction The real estate sector is the driving force behind the growth of the Indian economy. It is the second largest employment generator...
CBDT notifies rules for fair market value
Introduction Reducing tax litigation has been a key focus area for the Modi government. Several initiatives have been taken by the Central Board of...
India eases foreign investment norms in defence, pharmaceuticals and other sectors
Introduction India’s foreign investment regime has been liberalized significantly in the last couple of years. On June 20, 2016, the Indian...
Indian merger control thresholds revised
Introduction The Competition Act, 2002 (the “Act’) read with the Competition Commission of India (Procedure in Regard to the Transaction of Business...
RBI prescribes limits on deferred consideration and indemnity in cross-border transactions
Introduction M&A transactions often include escrow and indemnification provisions. Recently, the Reserve Bank of India (the “RBI”) has amended...
India’s new insolvency code – is it a game changer or a run-of-the-mill reform?
Background - The need for a new law The Indian legal framework for insolvency resolution, debt recovery and restructuring of stressed assets was...