Compliance with India’s foreign investment regulations is now more critical than ever. The Enforcement Directorate has initiated a number of investigations, especially in the fintech, e-commerce and similar sectors, where the purpose of foreign investment is stated as information technology services but the money is channelled into restricted sectors. M&A and PE investments need to follow the substance over form principle in relation to use of funds. Please go through our PPT for more details.
Fast-track mergers in India: Will the proposed Company Law amendments help speed the process?
Download .pdf Background Section 233 of the Companies Act, 2013 (the “Act”) offers an expedited route for specified mergers, including those between: (i) small companies; (ii) a holding company and its wholly-owned subsidiary; or (iii) a prescribed class of...