nishithadmin
-
19 March 2025 at 16 : 02 PM
Deal Talk: Easy Trips, Without Cash: Exploring Easemytrip’s Cashless Foreign and Domestic Share Swaps
Read MoreMarch 19, 2025 Easy Trips, Without Cash: Exploring Easemytrip’s Cashless Foreign and Domestic Share Swaps 1. INTRODUCTION A recent trend coming up in the market is utilizing non-cash share-swaps for the purpose of acquisitions and investments. This structure can be utilized for the purposes of acquiring an Indian entity or an overseas entity. In […]
-
18 March 2025 at 16 : 22 PM
M&A Hotline: Risk, Wrapped & Insured: M&A’s Safety Blanket
Read MoreMarch 18, 2025 Risk, Wrapped & Insured: M&A’s Safety Blanket This article was first published in www.lexology.com (March, 17, 2025). The global M&A market’s restoration to pre-pandemic levels has led to a synchronised growth in the demand for investor protection mechanisms. Investors’ attitude is shifting towards more robust investor protection tools which can guarantee […]
-
13 March 2025 at 12 : 26 PM
M&A Hotline: The Fast and the Unfair: Front-Running’s Grip on India’s Capital Market
Read MoreMarch 13, 2025 The Fast and the Unfair: Front-Running’s Grip on India’s Capital Market Front-running is an unfair trading practice where traders exploit non-public information to place trades ahead of large orders, affecting market integrity. The Securities and Exchange Board of India (SEBI) prohibits front running under the Prohibition of Fraudulent and Unfair Trade […]
-
10 March 2025 at 12 : 12 PM
Regulatory Digest: Reevaluating Differential Treatment of LLPs in FDI matters: A Call for Parity!!
Read MoreMarch 10, 2025 Reevaluating Differential Treatment of LLPs in FDI matters: A Call for Parity!! While FDI norms for companies are progressively eased, LLPs continue to face significant restrictions. Ambiguity and broad interpretation of FDI-linked performance conditions limits foreign investment opportunities for LLPs in key sectors. Given recent regulatory enhancements aligning LLP governance with […]
-
8 March 2025 at 22 : 53 PM
Tax Hotline: Income-tax Bill, 2025: Impact on Non-Residents
Read MoreMarch 08, 2025 Income-tax Bill, 2025: Impact on Non-Residents This article was first published in the monthly journal of the Chamber of Tax Consultants for March 2025. In a major overhaul of tax regime in India, the government has proposed to repeal the existing tax law enacted over six decades back. The reform is […]
-
8 March 2025 at 14 : 50 PM
Deal Corner: NDA Represents Hara Global Capital in its investment in food delivery startup Swish
Read MoreMarch 08, 2025 NDA Represents Hara Global Capital in its investment in food delivery startup Swish DEAL BRIEF Hara Global Capital (“Hara”) recently participated in the Series A Funding Round of Munchmart Technologies Private Limited (also commonly known as “Swish”). The transaction involved a primary infusion by Hara into Swish, alongside existing co-investor Accel, […]
-
6 March 2025 at 20 : 25 PM
New Publication: Unlocking Corporate Philanthropy
Read MoreTowards Unlimited Potential. March 06, 2025 India’s corporate social responsibility (CSR) landscape has evolved from a compliance obligation to a powerful tool for nation-building and sustainable impact. This insightful handbook, developed by Team Dasra in collaboration with Social Sector Practice at Nishith Desai Associates, explores the strategic, legal, and financial dimensions of corporate […]
-
3 March 2025 at 17 : 14 PM
HR Law Hotline: Forfeiture of Gratuity for Misconduct: Supreme Court Clarifies Legal Position
Read MoreMarch 03, 2025 Forfeiture of Gratuity for Misconduct: Supreme Court Clarifies Legal Position The SC’s ruling in the WCL Case clarified that gratuity can be forfeited for offences involving moral turpitude based on an internal disciplinary inquiry, without the necessity of a criminal conviction. The SC differentiated between serious offences like securing employment through […]
-
28 February 2025 at 12 : 57 PM
Deal Corner: NDA represents Max Healthcare Institute Limited in its built-to-suit and lease arrangement with VR Konkan Private Limited
Read MoreFebruary 28, 2025 NDA represents Max Healthcare Institute Limited in its built-to-suit and lease arrangement with VR Konkan Private Limited DEAL BRIEF Max Healthcare Institute Limited (‘Max’), a leading healthcare provider in India, has signed definitive documents with VR Konkan Private Limited to develop a 500-bed multi-specialty hospital in Thane under a built-to-suit and […]
-
19 February 2025 at 15 : 33 PM
New Publication: M&A In The Indian Technology Sector
Read MoreKey Trends 2025 February 19, 2025 India’s technology sector is experiencing unprecedented M&A growth, driven by AI, expanding infrastructure, emerging technologies, and fintech’s reach. This surge is fueled by both organic expansion and strategic inorganic activities like consolidation, acquisitions, and partnerships, attracting significant foreign investment. In 2024, TMT deals alone reached nearly USD […]
-
19 February 2025 at 10 : 21 AM
Dispute Resolution Hotline: Stamping of Arbitral Awards
Read MoreFebruary 19, 2025 Stamping of Arbitral Awards This article was first published in www.lexology.com (February, 18, 2025). Imposing stamp duty on arbitral awards seems rather unusual, as these two concepts don’t naturally go together. Stamp duty is a government tax levied on ‘instruments,’ which are documents that outline the rights and obligations of the […]
-
18 February 2025 at 18 : 53 PM
M&A Hotline: From Ambition to Action: India’s Blueprint for A Green Future
Read MoreFebruary 18, 2025 From Ambition to Action: India’s Blueprint for A Green Future The 2025-26 Budget focuses on expanding renewable energy through nuclear power, rooftop solar, and incentives for domestic manufacturing of green technologies. Significant challenges, including regulatory delays and an investment shortfall, need to be addressed, with private sector involvement being key. Successful […]
-
11 February 2025 at 17 : 11 PM
New Publication: Unlocking Capital
Read MoreThe Role of Sovereign Wealth and Pension Funds in India’s Growth February 11, 2025 This research paper provides a comprehensive analysis of the factors influencing investments by Sovereign Wealth Funds (SWFs) and Pension Funds (PFs) in India, as well as their significant contribution to the country’s economic growth. With India’s robust growth potential, […]
-
11 February 2025 at 14 : 09 PM
Dispute Resolution Hotline: Limits under Articles 226 and 227: Supreme Court’s Dictum on High Courts’ Jurisdiction over Arbitral Orders
Read MoreFebruary 11, 2025 Limits under Articles 226 and 227: Supreme Court’s Dictum on High Courts’ Jurisdiction over Arbitral Orders This article was first published in www.lexology.com (February, 06, 2025). The Arbitration and Conciliation Act, 1996 (“A&C Act”) does not specify remedies to parties before courts, against procedural orders of the arbitral tribunal. In certain […]
-
8 February 2025 at 14 : 44 PM
Investment Funds: Monthly Digest: Pro-Rata and Pari-Passu Rights: The Positives, the Negatives and Everything in Between
Read MoreFebruary 08, 2025 Pro-Rata and Pari-Passu Rights: The Positives, the Negatives and Everything in Between Pro-rata Rights: SEBI mandates equal treatment of AIF investors in relation to portfolio investments and distributions to ensure rights of investors are on basis of their ‘commitments’ Pari-passu Rights: SEBI mandate that rights of all investors in an AIF (except […]
-
7 February 2025 at 12 : 24 PM
M&A Hotline: Opening the Gates: India’s Bold Moves to Attract Foreign Insurers
Read MoreFebruary 07, 2025 Opening the Gates: India’s Bold Moves to Attract Foreign Insurers Introduction The Indian Union Budget for the financial year 2025-26 (“Budget 2025”)1, accompanied by a memorandum2 issued by the Department of Financial Services (DFS) on November 26, 2024, proposed certain key changes in order to facilitate more foreign investment in the Indian insurance sector, […]
