Regulatory Framework Governing Hostile Takeovers In India

Aakriti Garodia, B.B.A LLB (Hons), Jindal Global Law School

ABSTRACT

There have been very few successful bids for hostile takeovers in India. This paper looks at the prominent reasons behind it being unsuccessful, and also looks at some prominent successful hostile takeovers in the Indian market. It also delves into the regulatory framework of India governing these hostile takeovers, such as the SAST Regulations or the Takeover Code, the Companies Act, the Competition Act in India and the RBI approvals. Lastly, it also analyses whether the prevention of hostile takeovers is actually beneficial or not.

Comments

Indian Journal of Law and Legal Research

Abbreviation: IJLLR

ISSN: 2582-8878

Website: www.ijllr.com

Accessibility: Open Access

License: Creative Commons 4.0

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