We’re delighted to share that our Partner, Nitin Jain, has authored an article in The Times of India titled “Inheritance Without Clarity: The Legal Pitfalls.”In this article he delves into the facts that how unclear succession planning continues to create avoidable legal disputes, and why robust legal documentation remains the cornerstone of secure inheritance.Congratulations to... Continue Reading →
Author: Archana Balasubramanian For decades, promoters preparing for initial public offerings focused on financial metrics, operational scale, and market positioning. The implicit understanding was simple: deliver strong earnings growth, maintain clean audits, and manage stakeholder relationships. The rest would fall into place. That calculus has fundamentally changed. Today's capital markets—particularly in India where regulatory evolution... Continue Reading →
Author: Archana Balasubramanian Foreign Portfolio Investors (FPIs) appear to be sending mixed signals to Indian markets: while secondary market withdrawals crossed INR 25,000 crore recently, anchor investment in IPOs has risen sharply, with over INR 26,000 crore deployed in recent months. This apparent contradiction reveals a sophisticated investment strategy that transcends simple market sentiment. FPIs... Continue Reading →
BACKGROUND Recently the Enforcement Directorate (ED) has issued show-cause notices totalling INR 1,654 crore to Myntra Designs Pvt Ltd and its affiliate Vector E-Commerce Pvt Ltd. The investigation focuses on structuring decisions dating back to 2010, when the company, then an early-stage, foreign-funded online apparel platform, created multiple group entities so that a marketplace front-end... Continue Reading →
BY NITIN JAIN It's not often that a regulatory case opens a 10+ year window into past compliance decisions. But that's what the Enforcement Directorate's INR 1,654 crore FEMA case against Myntra is doing. The alleged violations (from 2010–2015) involve multi-brand retail structuring using affiliate sellers. The ED claims that Vector E-Commerce, an entity related... Continue Reading →
By Archana Balasubramanian A mid-growth SaaS company, fresh off their first term sheet for a ₹40 crore infusion, found themselves in a surprising delay. Everything was aligned: due diligence done, traction numbers strong, founder chemistry perfect. Then the investor’s compliance team flagged one line in the Memorandum of Association (MOA). The company, focused on AI-led... Continue Reading →
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