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The Ministry of Corporate Affairs (“MCA”) initiated the practice of issuing circulars in 1983 with the objective to notify the public on important developments relating to the MCA and to provide an effective regulatory framework to the Indian...
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On May 28 2012, the Competition Commission of India (“CCI”), permitted Independent Media Trust (“IMT”) to subscribe to Zero Coupon Optionally Convertible Debentures (“ZCOD”) issued by promoter companies (“Promoter Companies”), making IMT the largest shareholder of Network18 Media...
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Empowered by the Reserve Bank of India (“RBI”) Act, 1934 and the Payment and Settlement Systems Act, 2007, RBI has taken several initiatives in the recent past for ensuring development of technical and institutional infrastructure to meet the...
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Corporations tend to consider certain types of clauses as “miscellaneous” or “boilerplate” and that, sometimes, includes a termination clause which is relegated to the background.
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From businessmen to bloggers, from company CEOs to government officials, from external transactional advisers to internal strategy and M&A teams, no one is immune to the enormous impact upon the implementation of the highly controversial budget announcements made...
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