RBI’s New Acquisition Finance Guidelines: The One-Size-Fits-All Problem of Rigid Leverage Caps?
This post is authored by Raghav Gupta and Ahan Garg, 3rd Year, B.B.A. LL.B (Hons.) students at National Law University, Jodhpur. 1. Introduction For decades, India restricted acquisition finance by effectively preventing banks from funding equity acquisitions. Paragraph 2.3.1.9 of the RBI Master Circular on Loans and Advances - Statutory and Other Restrictions stipulates that the promoters' investment in the equity capital of a company should be funded by their resources, and
INTERVIEW: MR. ANUPAM SHUKLA ON M&A TRANSACTIONS
The July edition of Au Courant feature Mr. Anupam Shukla, partner at Pioneer Legal, heading the technology law and privacy practice at...
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