Restructuring transactions in India require a considerable investment of time and effort during the planning phase. Most restructuring transactions involve an interplay of complex strategic, operational, legal, taxation and economic issues, which need to be identified, refined and balanced in order to meet the desired business objectives.

Our practice combines our deep experience across the domestic regulatory framework and the Indian tax law, and sector specific knowledge to devise innovative structures for the restructuring endeavours. Our lawyers work with clients to carefully evaluate the trade-off between the timeframe for a tribunal-sanctioned scheme of arrangement, merger or demerger and a contractual spin off (which is faster but less tax efficient). We have implemented pioneering solutions to meet client objectives (including tax neutrality) without extending the tribunal approval process.

Our expertise lies in structuring bespoke transactions that successfully withstand regulatory scrutiny, proxy firms and the business press than ever before. Our lawyers perform a critical role in examining the impact of the proposed transaction on each stakeholder “class” to ensure compliance with regulatory requirements. We have built our reputation on having a hands-on approach, working closely with the client and financial advisors, which together with our in-depth implementation expertise, ensures that we deliver the desired results every time.