Anonymous Editor’s note: India has been home to several scams post 1992, resulting to losses amounting to lakhs of crores of rupees to the economy. These include, in reverse chronological order, the 2G scam, Satyam Scandal, UTI Scam, Fodder scam, and the Harshat Mehta scam. Scams may be defined as […]
Securitization of a Cross Border Transaction
By Hardeep Singh Chawla and Aashna Chawla, Amity Law School Editor’s note: Securitization has undoubtedly emerged globally as an important technique for bundling assets and segregating risks into marketable securities. However, when securitization acquires a tendency of becoming transnational, there are several issues which emerge. Let us consider a situation where an […]
Due Diligence Issues in M&A
By Sonakshi Das, School of Law- KIIT University Editor’s Note: This paper discusses the need for a due diligence in M&A. In today’s business world, the concepts of due diligence and corporate governance are of increasing importance. Due Diligence is not mandatory, however SEBI mandates certain parties to undertake a due […]
Foreign Exchange and Management Act, 1999
By Piyali Sengupta, HNLU, Raipur “Editor’s Note: The paper deals with the Foreign Exchange and Management Act, 1999 comprehensively.” INTRODUCTION The Foreign Exchange Management Act, 1999 was enacted to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the […]