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This paper seeks to argue that the rigidity of the rule on ‘financial assistance’ must be relaxed to foster leveraged buy-outs. Part I analyses the structure of typical LBOs and highlights the manner in which these transactions are stifled by the prohibition on ‘financial assistance’....
Persistent link: https://www.econbiz.de/10013224450
This paper seeks to locate equity crowdfunding at a particular point on the investor protection – capital formation spectrum, and subsequently constructs a light-touch, principles-based approach towards regulating the practice of crowdfunding in India. Moving from a regime of prohibition to...
Persistent link: https://www.econbiz.de/10013229263
The Electricity Act, 2003 (‘Electricity Act’) read with the Electricity Rules, 2005 (‘Electricity Rules’) regulate the functioning of CPPs in India. This article examines the 2018 amendment to Rule 3 of the Electricity Rules (yet to be notified ), which, inter alia, sought to require the...
Persistent link: https://www.econbiz.de/10013229272