Showing posts from April 13, 2011

Legal Aspects of Mergers and Acquisitions in India -News, Views and Reviews

  Liberalization & Law: Twist in M&A tale “Ignorantia juris non excusat” (Ignorance of the law is no excuse) Liberalization has brought changes in the corporate landscape. It has left the corporate with two options “Competition or Collaboration”. Corporate chose M&A as the best strategic option to collaborate to face competition.   Today, the volume and value of mergers and acquisitions is mushrooming in India. The recent mergers and takeovers in 2011 are ACC ltd with Lucky Minmat Ltd; Crompton Greaves Ltd. with C G Capital & Investments Ltd; Jaiprakash Power Ventures Ltd. with Jaypee Karcham Hydro Corpn. Ltd.; Tata Communications Ltd. with Tata Communications Internet Services Ltd and   Intas Pharmaceuticals Ltd. taking over Intas Biopharmaceuticals Ltd. Even prior to 1991, the business houses like Goenka and Manu Chabaria grew through Acquisitions. It is therefore necessary to understand and comprehend the rules and regulations governing the Mergers and Acquisitio