Shaga Ashritha Reddy
Symbiosis Law School, Hyderabad
Abstract
In India, while hostile acquisitions are not explicitly prohibited by the regulatory framework, they are hindered by various procedural constraints. The SEBI Takeover Code, 2011 , adopts a measured regulatory view, it does not specifically restrict hostile acquisitions nor limit traditional defensive strategies. Rather, it imposes structured requirements, such as mandatory and voluntary open offers […]