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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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Harmonizing Leadership: Resolving Dissent and Ensuring a Cohesive Transition in Directorial Roles

In 2018, a technology enterprise was set up by two founders who adeptly steered through employment limitations to kickstart their project without any contractual obligations. By 2022, after stepping down from their former roles, they smoothly shifted into the positions of directors, overhauling the business processes, and dealing with legal aspects to affirm their proprietorship.…

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Optimisation of the Group’s Cross-border Legal Shareholding Structure

A US-based Private Equity Backed Company in India sought our expertise in the reorganization of their group holding structure to alleviate additional compliance costs and repatriation costs. The Indian Company has a subsidiary in the USA which resulted in unwarranted compliance costs and therefore, the management has decided to liquidate the US subsidiary in order…

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