minority shareholders

Majority Stake, Minority Fate: Reverse Oppression under the Companies Act, 2013

Summary: While oppression remedies are traditionally viewed as minority protection provisions, Indian law does not restrict majority shareholders from also filing such petitions if they meet statutory thresholds and can demonstrate they are powerless against the oppressing minority due to special circumstances. This article discusses scenarios where majority shareholders can seek relief against oppressive conduct by minority shareholders, with an analysis of judicial pronouncements on the topic.Continue Reading Majority Stake, Minority Fate: Reverse Oppression under the Companies Act, 2013

Summary: Private equity exits by way of secondary sales of controlling stakes have become the dominant path to monetisation in India. Price still matters, but certainty decides outcomes—through disciplined auctions, vendor-led diligence, insurer-backed risk transfer and early stakeholder alignment to close quickly and cleanly.

A few clear trends are beginning to define how private equity exits by way of secondary stake sale are executed in India. The surge in control deals struck almost a decade ago is now translating to monetisation, with funds actively seeking full exits. These transactions are no longer judged purely on valuation; their success is now equally a function of process sophistication — compressed timelines, seller-driven diligence, insurer-backed protections, and carefully sequenced stakeholder alignment.Continue Reading When PEs Bid Adieu: Recent Trends in Private Equity Exits Through Secondary Sale

Steering the ship: Accomplishing Board autonomy post-listing

Introduction

The listing of a multinational corporation’s subsidiary (“Subsidiary(ies)”) on the Indian bourses is a major shift for the once private company. This allows the Subsidiary to unlock value through India’s thriving capital market, while also subjecting it to oversight by the Securities and Exchange Board of India (“SEBI”). SEBI functions as the watchdog for the Indian securities market and ensures that listed entities comply with corporate governance norms to protect the interests of minority shareholders.Continue Reading Steering the ship: Accomplishing Board autonomy post-listing