(Editor’s note: This guest column is written by Shantanu Surpure, partner at Economic Laws Practice, a Mumbai-based law firm specialised in venture capital, private equity and cross border transactions. Yashojit Mitra and Devyani Singh, associates at ELP, assisted in writing this article.)
As we continue our discussion of some comparative legal issues between the US and [...]

(Editor’s note: This guest column is written by Shantanu Surpure, partner at Economic Laws Practice, a law firm specialised in venture capital, private equity and cross border transactions. Yashojit Mitra and Devyani Singh, associates at ELP, assisted in writing this piece. This is part II of a two-part series on incorporating companies. The Part I [...]

(Editor’s note: This guest column is written by Shantanu Surpure, partner at Economic Laws Practice, a law firm specialised in venture capital, private equity and cross border transactions. Yashojit Mitra and Devyani Singh, associates at ELP, assisted in writing this piece. This is part I of a two-part series on incorporating companies. The Part II [...]

A Bombay High Court order plugs a tax saving loophole in M&A. There is a practice of profit making companies being amalgamated into loss-making entities, and then avoiding the taxes like income tax, sales tax, excise and customs duties. That may not be possible from now on. A Bombay HC order has directed the regional [...]

Abrar Hussain has quit leading law firm Greenberg Traurig. Hussain, a lawyer who has been focusing on Indo-US cross border deals, has joined another leading law firm Akin Gump Strauss Hauer & Feld as senior counsel in the firm’s Silicon Valley office. He will help grow the India practice at Akin Gump.
Hussain has advised private [...]

I was offline for the entire last week. Since I myself wanted to catch up with the headlines, here is a quick recap:
Fortis close to sealing Rs 250 cr pvt equity deal
The Delhi hospital chain is said to be close to raising Rs 200-250 crore ($55.5 million) from private equity investors, reports The Economic Times. [...]

It looks like Delhi law firm J Sagar & Associates is becoming stronger and stronger. It has managed to sign up some hotshot lawyers at other law firms. Akshay Chudasama of Zia Mody’s AZB Partners is moving to Sagar. The other partners who have joined Sagar include Dina Wadia, a partner of Little & Co., [...]