The core issue revolves around a scheme of selective and compulsory equity share capital reduction of minority public shareholders implemented by Bharti Telecom Limited (BTL). BTL, which was earlier listed company, is...
The Fine Print of QIP: Examining OneSource’s Eligibility After Scheme of Arrangement
Facts of the caseThe board of directors of OneSource Specialty Pharma Limited (“OneSource”) unlisted public company which was supposed to get listed pursuant to the proposed transaction, approved a scheme of arrangement...