Law minister Arjun Ram Meghwal took to X to confirm the news of Sundaresan's appointment to the Bombay High Court
The government appears to be delivering on its poll promise of merging tribunals. As the inter-ministerial group under the Modi government concluded, a need was felt for streamlining the functioning of tribunals. While all sides agree on the need for reform, the shape and form of the changes proposed in the Finance Act 2017 have resulted in heated debates.
The Firm spoke to Somasekhar Sundaresan, Partner, JSA & Bharat Vasani, Chief Legal & Group General Counsel, Tata Group on their interpretation of the non-compete fee clause in the new Takeover Code.
On the first 2 episodes of this special series we asked if India’s new Takeover Code is pro-promoter? Starting this week Rules Of The M&A Game 2011 examines the new Takeover Code from the acquirer’s point of view. Somasekhar Sundaresan, Raj Balakrishnan, Amrish Shah and Cyril Shroff debate if the new Takeover Code is anti-acquirer?
The Securities and Exchange Board of India (SEBI) has notified the new takeover code. Experts discuss the new norms and give their outlook going forward.