Tag: Mergers and Acquisitions
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Interpreting Reps and Warranties in M&A Deals
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Delaware Court on Going Private Transactions
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Supreme Court on Withdrawal of a Takeover Offer
Background The Supreme Court earlier this month issued its decision on the takeover offer by Nirma Industries Limited to the shareholders of Shree Rama Multi Tech Limited (SRMTL). The court concurred with the view of the Securities Appellate Tribunal (SAT) and the Securities and Exchange Board of India (SEBI) in disallowing the withdrawal of the
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Defining “Control” in Takeover Regulations
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SEBI Clarifies on Schemes of Arrangement
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Madras High Court on SEBI Circular for Scheme of Arrangement
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Miscellaneous
1. Exemption from Takeover Regulations for Gift of Shares to Family Trust SEBI has granted an exemption to an acquirer from making an open offer under the SEBI Takeover Regulations in the case involving Gujarat Organics Limited (the company). In that case, the promoter Mr. Ashwin S. Dani, owns 71.15% shares in the company, and
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Amendments to the Combination Regulations
[The following post is contributed by Karan S. Chandhiok, who is the Managing Associate of the Competition Law Team at Luthra & Luthra Law Offices. Karan graduated from Amity Law School followed by a BCL at Oxford. He currently serves as a Member Executive of the Competition Law Bar Association. These views are personal. Karan
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Special Circumstances for Exemption from Takeover Offers
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