Aakriti Garodia, B.B.A LLB (Hons), Jindal Global Law School
ABSTRACT
There have been very few successful bids for hostile takeovers in India. This paper looks at the prominent reasons behind it being unsuccessful, and also looks at some prominent successful hostile takeovers in the Indian market. It also delves into the regulatory framework of India governing these hostile takeovers, such as the SAST Regulations or the Takeover Code, the Companies Act, the Competition Act in India and the RBI approvals. Lastly, it also analyses whether the prevention of hostile takeovers is actually beneficial or not.
