India-focused merger and acquisition deals witnessed a moderation in the first half of this year due to global economic situation and concerns on Indian regulatory framework & government policies along with depreciation of the Indian rupee which affected the sentiments of investors as well as companies.
Economic & regulatory environment of India is undergoing significant changes. Introduction of new guidelines by the CCI, SEBI and recent economic reforms could impact radical changes in the dynamics related with the M&A transactions.
VCCircle Training's one day workshop "Current M&A Landscape in India" will address the current issues and significant changes introduced by government to catalyse the business growth in India. At this workshop you would hear and interact with renowned experts on the topic of New Takeover Code, CCI Regulation, other Corporate & Securities Law and recent economic reforms – Its Implication, Benefits & shortcome.
Benefits of Attending
• Learn the complexity, implication & benefits of recent economic and regulatory reforms
• Learn the Key Concepts of SEBI’s New Takeover Code
• Various Case Studies on Issues, Challenges & Practical Aspects of New Takeover Legislation
• Learn the current M&A landscape in India under:-
• Competition Act
• Foreign Exchange Law
• Companies Act 1956
• New Companies Bill
• GAAR
• Discussion on current economic scenario and its impact on Domestic & Cross Border M&As
Who Should Attend
|
- Promoters
|
- Legal Heads |
Session 1 : Overview of M&A – Current Regulatory and Judicial Perspective
Session 2 : SEBI’s New Takeover Code - Game Changer for M&As
• Overview of New SEBI Takeover Regulations.
• Hostile Takeovers & Defence Mechanism
• Analysis of Some Case Studies
- SAT (Securities Appellate Tribunal) Orders in different matters, Eg:-
- Concept of “Control”
- Determination of “Triggering Event on the basis Individual Shareholding”
- Concept of “Person Acting in Concert”
- Concept of “Acquisition”
- Concept of “Promoter” and “Person Acting in Concert”
- “Withdrawal of Offer”
Session 3 : SEBI’s New Takeover Code - Game Changer for M&As Cont…
• Important Exemptions
- Inter Se Transfer of Shares
- Right Issue
- Pursuant to Scheme
Competitive Bid-When & By Whom?
Disclosure Requirements-By ‘Companies’ & other ‘Persons’
Indirect Acquisition-Is it Covered by Takeover Regulations?
Voluntary Offer
Funding the Takeovers – The Investment Banking Perspective
Other Procedural Nuances
Session 4 : SEBI’s New Takeover Code - Hypothetical Case Studies
These case studies will also dwell upon Foreign Exchange Regulations, Company Law and other Securities Law
Session 5 : Competition Law aspects in M&As
Competition Act-Main features
Overview on regulation of “combinations”
Threshold limits for “Notice”
What “combinations” are prohibited
Merger control under Competition Act (New Merger Regulations (Regulations, June 1, 2011))
Industry’s concerns
Conflict with SEBI Takeover Code
Session 6 : Global Economic Scenario and its Impact on Domestic and Cross border M&As
- Past
- Present
- Future
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
THE LALIT, Mumbai
INTERCONTINENTAL THE LALIT
Mumbai
Drop us a line and we will call you.
