As some of the recent IPOs including those of new-age technology, e-commerce, and fintech companies have come under pressure, the SEBI is tightening regulations to avoid an exodus of investors. A cap has also been imposed on the quantum of funds that can be raised for use in future acquisitions. Our brief client presentation highlights these points.
The significance of a “time is of the essence” clause in M&A agreements
Download .pdf Introduction In mergers and acquisitions (“M&A”) transactions, timely performance is often critical. Signing, satisfying conditions precedent, obtaining regulatory approvals, paying the purchase price, and closing may all be tied to specific...