Who Will Move To GIFT City?
SEBI’s Public Float for Private Unlisted InvITs
SEBI’s Public Float for Private Unlisted InvIT
Should Offshore Funds Appoint Directors?
29 April, 2022
InvITs: Gamechanger in the Indian Infrastructure Story!
8 March, 2022
Fund Formation: The Beginning of the Fund Lifecycle for India Focussed Funds
22 March, 2022
Structures and Considerations for Offshore Debt Funding
8 March, 2022
18 Nov, 2022
15 Nov, 2022
31 Oct, 2022
20 Oct, 2022
Indian fund managers may now be able to setup India-focussed offshore funds
Is investment by resident individuals in offshore funds now restricted, even under LRS? Not quite – we address the ambiguity
Will GIFT now emerge as the most favoured jurisdiction for setup of India-focus- sed funds?
13 Oct, 2022
Latest SC judgement uncovers Daiichi’s new approach – Fortis, IHH and, public shareholders under the gun for liabilities of Fortis’ erstwhile promoters
Public shareholders will need to brace for impact and be proactive – else risk getting the short end of the stick
Legal sanctity of the ‘theory of attribution’ possibly misplaced in the Fortis context – Fortis now liable for personal assurances of the Singh brothers?
Daiichi‘s recalibrated approach to use IHH’s primary infusion funds to clear its dues appears more an afterthought
Key strategy for IHH is to rally public shareholders’ support, and sound their collective opposition to courts and SEBI in unison
26 Aug, 2022
26 Aug, 2022
25 Aug, 2022
5 Aug, 2022
25 July, 2022
29 June, 2022
22 June, 2022
13 June, 2022
24 May, 2022
19 May, 2022
9 May, 2022
4 May, 2022
18 Apr, 2022
Recent developments in the Indian tax regime have brought India closer to global norms though
hybrid instruments that have come under increased scrutiny
GAAR provisions have enabled tax authorities to examine the commercial substance of
transactions, underscoring the importance of purpose, pooling, and people
Hybrid debt instruments face varied treatment under DTAAs vis-à-vis capital gains which may
result in challenges when claiming treaty benefits
Beneficial ownership rules in DTAAs restrict treaty benefits to the entity exercising actual control
over a return/income received…read more
31 Mar, 2022
SEBI floor price prescription in case of fund raises should not automatically dislodge directors’ duty to exercise independent judgment and maximise shareholder value.
Target boards to proactively consider appointing an independent banker and running a robust auction process for capital raises.
Investors should strategise for high stakes valuation litigation by shareholders failing which the entire transaction could be potentially derailed…read more
26 Feb, 2022
18 Feb, 2022
SEBI formalises the use of co-investments but leaves some question marks?
9 Feb, 2022
Impact of Covid-19 on the deal-making landscape, emerging opportunities for credit and special situations investors in infrastructure, promoter financing and securitization of loans
Denial of tax treaty benefits – Part II
We regularly write on Fund Formation, PE, PIPE and M&A, Structured Finance, Fund Litigation, Governance and Stewardship. Stay tuned.