In the following writeup, Abhishek Dadoo and Shashank Patil from Khaitan & Co take you through a brief overview of certain key aspects governing take private deals in India.
Read MoreKhaitan & Co acted as counsel to Iron Pillar in the Series C fund raise by Service Lee Technologies Private Limited (Servify).
Read MoreThe joint Hindu family or Hindu undivided family (HUF) is a structure recognised in Hindu customary law where the family members traditionally shared a common roof and conducted family business together. Property such as cash, securities, investments, business assets and land was jointly held for the benefit of the larger family. The Hindu coparcenary is an institution recognised by the Mitakshara School of Hindu law and is a narrower body than the Hindu joint family and is restricted to a maximum of 4 generations. Traditionally, only a son born (or adopted) in the joint Hindu family was considered a ‘coparcener’, i.e. one who has a share in the joint family property by virtue of his birth in that family.
Read MoreTwo new Partners Abhinav Bhalaik and Richie Sancheti join the firm’s investment practice in their Mumbai office
Read MoreKhaitan & Co assisted and advised Reliance Retail Ventures Limited along with its wholly-owned subsidiary (Reliance Retail and Fashion Lifestyle Limited) in the transaction.
Read MoreUS-based venture capital firm, Joyance Partners, funded Oga Fit in their first India Investment. Bengaluru-based fitness tech startup Oga Fit is an interactive platform offering live and on-demand workouts from the comfort of a user’s home.
Read MoreThe authors discuss the various facets of cross border M&A activities in a highly integrated global market. The following note is divided into four parts – the first part provides a general overview of the key legislation. The second part highlights certain factors such as the target’s jurisdiction, sector, local laws and other cultural and geographical issues that typically influence such AML and ABAC issues. The third part outlines safeguards that are customarily adopted by the acquirers and the last part proposes certain measures that may be considered and implemented for effective risk-management by the acquirers.
Read MoreThe ‘Green Channel’ route is a welcome addition to the Indian merger control framework since it aims to facilitate the speedy clearance of patently non-problematic transactions with minimal transaction costs, without precluding regulatory oversight.
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