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Overcoming a Non-compliance maze to facilitate Funding from a Global Venture Capital

A multinational group comprising various entities with distinct shareholders from multiple countries such as India, UAE, US, UK, Singapore, lacked a designated ultimate holding company. A potential venture capitalist was willing to invest in the multinational group, subject to specific conditions. One such condition stipulates that the multinational group must form an ultimate parent holding,…

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Tactical Counsel for Cross-Border Acquisition: Navigating Legal, Tax, and Regulatory Complexities

A US-based company (the 'Acquirer Company') was considering to acquire an Indian-headquartered group company (the 'Target Company'). The proposed acquisition is planned through the purchase of shares via a Share Purchase Agreement between the Promoters of the Target Company and the Acquirer Company. Additionally, the Acquirer Company extended a retention package to the Promoters of…

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Seizing Opportunity: Crafting a Path to Efficient Garment Manufacturing Expansion and Financial Success

A manufacturing company engaged in the garments production and export. To expand the business, Client ('Investor’) identified a Joint venture partner (‘Investee’) and invested by subscribing to the equity share capital to the extent of 49%. Client decided to acquire the balance 51% stake which was partially held by the Sellers directly and partially through…

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Next-Gen Prosperity Blueprint: Transforming Wealth Succession in a Diverse Conglomerate Landscape

A conglomerate, established by Friends in various ventures, aimed to financially empower the next generation. In the FY 2023-24, the Promoters sold their active business vide a slump sale and thereafter, consulted a top economic succession planner on their future plans of retirement and enabling the next gen entrepreneurs. However, the advise and the structure…

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Cryptocurrency – India Tax and Regulatory Challenges

Our client, a blockchain expert from India, secured a position with the world's foremost foundation engaged in crypto mining through blockchain technology as an independent advisor. Instead of receiving conventional payment, the client was remunerated with cryptocurrency, a common practice in the blockchain industry. After the launch of the initial crypto offering, the value of…

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Transfer Pricing

Manufacturing Our client, a manufacturing company and a Global MNC, initially operated as traders in India before establishing a local manufacturing unit. During the first year of operations, they imported raw materials from their Holding and Fellow subsidiaries in the Asia-Pacific and European regions, assembled these materials, and exported the final products to other entities…

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