India M&A (International & Domestic)

India M&A (International & Domestic)

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Nitin P.

Nitin

For latest amendments on the Indian Takeover Regulations and my views please log on to the link given below.

Partner at J. Sagar Associates

By: Nitin Potdar, Partner J. Sagar Associates..

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  • August 2, 2011
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  • Samir O.

    Samir

    Samir O.

    General Manager - Legal Services, Tata Group Legal Dept.

    You have summed it up nicely. I feel the proposal mandating target company's board to make recommendations to shareholders on the open offer may raise some concerns (especially amongst independent directors), typically in hostile takeovers or competitive offer scenario.

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