Practice Areas

Mergers and Acquisitions and Competition Law

ALEXANDER THE GREAT

In ancient Greece, an oracle declared that the future ruler of Phrygia would enter the land riding an ox cart. When Gordius, a peasant, arrived in this fashion, he was immediately made king. Gordius expressed his gratitude by dedicating his ox cart to Zeus and tied it with an extremely intricate Gordian Knot. The oracle went on to proclaim that the person who unraveled this knot would rule Asia. Years later, in his quest for world victory, Alexander the Great came across the Gordian Knot. Employing some ingenuity and the services of his trusted sword, Alexander merely cut through the challenging knot instead of trying to untie it. A simple solution. He went on to conquer the rest of Asia in what could be considered the most ambitious M&A in history.


OUR PRACTICE

With a plethora of M&A deals handled by our Firm till date, our Firm has, over the years, had an opportunity to represent acquirers as well as target companies across various sectors, which has resulted in providing us with an understanding of not just various sectors but also a keen understanding of the needs of both parties to any transaction, including commercial issues that they may face.

Our services in the M&A space include providing structuring advice, advice on regulatory aspects comprising the Companies Act, the SEBI Takeover Code and other corporate compliances, conducting legal due diligence of the target (where applicable), preparing, reviewing and negotiating various transaction documents.

In addition, our M&A team also handles various schemes of amalgamation, demerger, restructuring, reconstruction (including usual or "reverse merger" under usual 230 to 232 of Companies Act) and acquisition schemes formulated under IBC, whether during the process of insolvency or liquidation).

Our Firm advises clients right from conceptualization, drafting scheme (or information memorandum), seeking approvals from SEBI, Exchanges, NCLT and other governmental authorities till issue and listing (if required) of new securities.

Our team works closely with the clients at every stage and assists in safeguarding clients' commercial and strategic interests. Our team specializing in M&A transactions not only addresses legal issues (which are expected from a lawyer) but also assimilates and provides commercial solutions wherever there is an impasse or if the transaction requires specialized structuring, keeping in mind the ultimate objective of the client.

In M&A transactions, Competition laws also assume relevance. Our Firm also advises clients to ensure compliance with the Competition laws.