M&A Critique

Mystified NCLAT Order

The order dated December 18, 2019 of National Company Law Appellate Tribunal (NCLAT) has reinstated ousted Tata Sons Chairman Cyrus Mistry as Chairman while restoring Mistry to the position, the NCLAT held that the...

Omkar Chemicals Demerger: What went wrong?

Demergers, which are expected to unlock shareholder value, have not worked in favour of shareholders of Omkar Speciality Chemicals and Lasa Supergenerics. Omkar Speciality Chemicals Limited (Omkar Chemical) incorporated...

Centre decides stake sale of BPCL

The Union Cabinet has approved the sale of its 53.29% stake in Bharat Petroleum Corp Ltd (BPCL) to a private entity. The state-owned company is one of the most profitable oil refiners and operates fuel stations. At the...