by Majmudar & Partners | Jan 25, 2018 | Foreign Investment
Introduction On January 10, 2018, the Indian government approved a number of amendments to India’s Foreign Direct Investment Policy (the “FDI Policy”) with a view to further improve the ease of doing business in India. The reforms cover single brand retail trading,...
by Majmudar & Partners | Jan 17, 2018 | Corporate/M&A
India’s Companies Act, 2013 Over the last five (5) years, India has adopted a new company law regime under the Companies Act, 2013 (the “Act”) and the rules thereunder. Since its implementation, the Act has been amended once in 2015, and various clarifications and...
by Majmudar & Partners | Nov 27, 2017 | Corporate/M&A, Foreign Investment
It is commonplace in global M&A deals for buyers and sellers to strongly negotiate the seller’s indemnity obligations, and many a times, unsatisfactory seller indemnities result in deals not going through. Effective May 20, 2016, the Reserve Bank of India (the...
by Majmudar & Partners | Dec 16, 2016 | Corporate/M&A
On December 7, 2016, the Indian government notified several provisions of the Companies Act, 2013 (the “2013 Act”), including provisions on variation of shareholders’ rights, reduction of capital, mergers and amalgamations, winding up by the National Company Law...
by Majmudar & Partners | Dec 9, 2016 | Corporate/M&A
Introduction On November 23, 2016, the Securities and Exchange Board of India (the “SEBI”) approved several important changes to Indian securities regulations, including, an amendment to the SEBI (Alternative Investment Fund) Regulations, 2012 (the “AIF Regulations”)...