Author: Binoy Parikh

(First published on Linkedin) In a noteworthy judgment, the Madhya Pradesh High Court has provided critical guidance on the interpretation of the […]

Katalyst Advisors acted as structuring advisors for divestment of the Vizag Hospitals Seven Hills Hospitals to Chennai based MGM Healthcare. First reporting […]

(First Published on Taxsutra: https://www.taxsutra.com/dt/experts-corner/valuations-india-cassandras-syndrome-part-2) Background Part 1 of this article series[1] dealt with divergence between commercially negotiated valuations on the one […]

(First published on Linkedin) In a yet another perplexing informal guidance, SEBI has once again emphasized form over substance, deviating from the […]

(First published in The Economic Times: https://economictimes.indiatimes.com/markets/stocks/news/jm-financial-board-okays-plan-to-consolidate-debt-distressed-credit-business-under-one-platform/articleshow/111538754.cms?from=mdr) Katalyst Advisors acted as structuring advisors to JM Financial for consolidation of its NBFC business […]

(First published on Linkedin) In an interesting judgment, recently, the Bombay High Court observed that under the Fast Track Merger Route, which […]

(First published on Linkedin) In an important amendment to the FEMA (Non Debt Instruments) Rules, 2019, which deal with foreign investment in […]

(First Published on Taxsutra: https://www.taxsutra.com/dt/experts-corner/valuations-india-cassandras-syndrome-part-1) Background In various corporate transactions such as primary infusions, secondary transfers, share swaps, buybacks, and capital reductions, […]

(First Published in The Hindu Business Line: https://www.thehindubusinessline.com/markets/sebi-may-revamp-merger-norms-for-companies/article68336301.ece)

The following two pictures illustrate just how complex pledge or guarantee under FEMA can be when there is a cross-border debt or […]