Mergers and Acquisitions

Indian statute, not the investor's term sheet, sets the outer limits of a shareholders' agreement. How founders dealing with European investors can use Companies Act supremacy, Section 27, NCLT oppression remedies and market benchmarks to push back on aggressive terms.

Asset deal or share deal? In cross-border Indian M&A that one choice drives liability, tax, five layers of regulatory approval and the enforceability of every key clause. A 2026 playbook covering FEMA, CCI, SEBI, slump sales, indirect transfers, indemnities and arbitration.

A company cannot buy a private university as a going concern. Indian higher education law requires universities to be run by not-for-profit sponsors, so the deal must be structured as an acquisition of the sponsoring trust, society or Section 8 company, subject to UGC, state and competition clearanc