Arbitration in Landlord-Tenant Disputes – Permissible
The law on Arbitration in our country has witnessed rapid changes; most of these changes being largely attributable to the growing need to make India a pro-arbitration country in the International commercial and business world. Several other evolvements in the field of Arbitration Law have been mostly effectuated for achieving the object behind ADR, being […]
Anatomy of Prospective M&A’s – Sky is the Limit amidst Covid-19 Disruption
Corporate Mergers and Acquisitions have undergone a remarkable change amidst the ongoing Covid-19 crisis. In the current corporate climate, M&A prospects have found a conducive environment in the form of positive government intervention, a relatively bought out stock market and a stable banking system. The dire need for domestic consolidation, especially in the Covid-hit sectors, […]
Abandonment of Projects – Promoters’ Responsibility or Not?
Typically, one of the key elements of a project financing structure is a special purpose project company (“Project Company” or “SPV”) with no business antecedents, which is set up with the sole aim of developing and implementing the project being housed in it. This structure for project finance is not new, and is designed to […]
A Guide to Share Purchase Agreements
Share Purchase Agreement is an agreement entered into between the buyer and seller(s) of shares of a target company. Usually Share Purchase Agreements entail that the buyer would be taking over whole or significantly whole of the undertaking of the company. In such a scenario, the buyer would not only be taking over the assets […]
A Different Prism for Trust and Retention Account Agreements to be Looked Through: Equity Contributions in Project Finance
IntroductionIn the first part of our three-part series of articles on different aspects of the trust andretention account agreements, we limited our analysis to the treatment/priority accorded toGovernment and Statutory Dues vis-à-vis the rights of the creditors. Continuing therefrom, inthis second part, we have examined statutory and regulatory framework governing equitycontributions in the context of […]
A Blend between Ethics and Growth
With the world facing an ever-increasing environmental and social challenges, the thought process of investors has been showing a radical change – from being focussed on profits out of their prospective investments, to being more interested in where the profits are coming from. Companies are expected to “do the right thing” and contribute positively to […]