Untitled design 21
Ambiguity with thin cap norms: Private credit players risk significant tax leakage
Accurate reading of thin capitalization norms is highly relevant to maximize IRRs, especially in asset...
Read More
Budget 2023: Impact on InvITs
Distributions out of repayment of debt principal could now be taxed as ‘other income’ – at odds with...
Read More
SEBI’s Proposed Disclosure Regime: Impact on Public M&A and Directors’ Liabilities
Most proposals are well thought through – unintended impact in a few cases Mandatory clarification of...
Read More
Private Funds: SEBI introduces investor diligence requirements for AIFs
SEBI has cast new investor diligence obligations on AIF managers, which extends to underlying investors As...
Read More
How to Negotiate Key Person Provisions – A Lawyer’s Guide
The occurrence of a key person event should not trigger a domino effect across other funds managed by...
Read More
EduInfra - Emergence of a new asset class
EduInfra offers a promising 10 – 11% entry cap rate for annuity investors with rental escalations in...
Read More
Investor or developer? Real estate regulator (RERA) classifies real estate fund as a promoter
The term ‘causes to construct’ in the definition of ‘promoter’ under RERA has been interpreted to include...
Read More
What’s Holding Back Indian Fund Managers From Raising Global Capital?
Indian fund managers, thus far restricted, may now be able to setup India-focussed offshore funds Is...
Read More
Unexplored Strategies in the Fortis Saga: Public shareholders and IHH Healthcare exposed to significant collateral damage?
Latest SC judgement uncovers Daiichi’s new approach – Fortis, IHH and, public shareholders under the...
Read More
SEBI orders public disclosure at M&A negotiation stage: Compromises deal certainty and amplifies directors’ liabilities
Listed companies forced to publicly disclose deal details pending finalization of negotiations Investors...
Read More