WHAT IS A HOSTILE TAKEOVER? A hostile takeover in mergers and acquisitions is a form of takeover where the acquiring company acquires the target company without the approval of the Board of Directors. The fundamental difference between a hostile and a friendly takeover is that in a hostile takeover, the BOD does not approve ofContinue reading “COVID-19: A BREEDING GROUND FOR HOSTILE TAKEOVERS”
Author Archives: Satya Soumya Sarkar
CORPORATE INSOLVENCY RESOLUTION PROCESS: INITIATION OF INSOLVENCY BY FINANCIAL/OPERATIONAL CREDITOR
A DISTRESSED FINANCIAL SECTOR’S CALL FOR HELP AND A FAILING RESPONSE MECHANISM The year was 2002 and the financial sector was crippling. Desperate distress calls for help, answered with the institutionalization of the SICA Act followed by the DRTs had evidently failed. The banks had lost huge amounts of money to willful defaulters and wereContinue reading “CORPORATE INSOLVENCY RESOLUTION PROCESS: INITIATION OF INSOLVENCY BY FINANCIAL/OPERATIONAL CREDITOR”
SECURITIZATION AS A TOOL OF OFF-BALANCE SHEET FINANCING
WHAT IS OFF-BALANCE SHEET FINANCING? Off-Balance Sheet financing is a method of financing used to raise finance without recording a liability. This helps in reducing the level of debt in the company. Normally, if Company A takes a loan from a bank, it records a loan on its liabilities and cash or bank on itsContinue reading “SECURITIZATION AS A TOOL OF OFF-BALANCE SHEET FINANCING”
CORPORATE FRAUDS DUE TO A FLAW IN LAW- THE NEED TO AMEND SECTION 139
AN INSIGHT INTO CORPORATE FRAUDS What can Kingfisher Airlines possibly have in common with Yes Bank or a jewelry brand Gitanjali or a financial institution ILFS or Videocon or IT giant Satyam? The answer isn’t most certainly common ownership. They have all been in the news or are still in the news for the wrongContinue reading “CORPORATE FRAUDS DUE TO A FLAW IN LAW- THE NEED TO AMEND SECTION 139”
MONEY LAUNDERING: THE ROLE OF SHELL COMPANIES
UNDERSTANDING SHELL COMPANIES The advent of professionals and education of such has brought about miraculous developments in every field and business has flourished. However, while these advancements in business and finance has created opportunities for a number of people, this has also been put to malicious use by professionals intending to earn money under theContinue reading “MONEY LAUNDERING: THE ROLE OF SHELL COMPANIES”
The Journey Begins
Thanks for joining me! Good company in a journey makes the way seem shorter. — Izaak Walton
