The following Financial Services practice note provides comprehensive and up to date legal information covering:
This Practice Note contains a jurisdiction-specific Q&A guide to private equity (transactions) in India published as part of the Lexology Getting the Deal Through series by Law Business Research (published: February 2021).
Authors: Khaitan & Co—Aakash Choubey; Sharad Moudgal
Private equity (PE) transactions in India broadly comprise early-stage investments, including seed capital, angel investments and venture capital, growth capital, including expansion capital, and late-stage investments, private investments in public equity, buyouts and turnaround capital. Traditionally, early stage transactions in India fell under the umbrella of venture capital investments. However, this trend has changed in the past few years, with many traditional venture capital investments rivalling PE investments in terms of deal size and valuation.
Most PE investments in India occur in closely held unlisted companies. PE investments in listed companies are less frequent for a number of reasons, including the following:
the lack of quality assets for PE investors to commit substantial funds;
the inability of PE investors to complete 'going-private' deals on account of the inefficiencies of India's delisting regulations and the limited options available to complete minority squeeze-outs;
the limited extent to which PE investors may seek enforcement of shareholder rights customarily sought in such transactions; and
the inability of
Free trials are only available to individuals based in the UK
Complete all the fields above to proceed to the next step.
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
Take a free trial
Direct effect of EU lawWhat is direct effect of EU law?The doctrine of direct effect is a fundamental principle of EU law developed by the Court of Justice of the European Union in Van Gend en Loos. It is a mechanism through which individuals can enforce rights in Member States’ courts, based on EU
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant
Public inquiry procedureThe procedure by which a public inquiry is conducted will vary significantly from one inquiry to the next. Even for inquiries established under the Inquiries Act 2005 (IA 2005), the associated inquiry rules are not particularly prescriptive as to how they ought to be
DateD [date]Parties1[name of Landlord] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] (Landlord)2[name of Tenant] [of OR incorporated in England and Wales with company registration number [number] whose registered office
0330 161 1234