Webinar : Foreign Investment Structure Seen As A ‘Colorable Device' And Held Illegal (12 June 2015) (Video Content)

SESSION: 2:00 PM - 2:45 PM (IST)

INTRODUCTION

The recent ruling of the Bombay High Court in IDBI Trusteeship v. Hubtown Ltd. has sparked much debate around permissible foreign direct investment structures. The Court disregarded individual steps which were within the regulatory framework? and looked at the entire series of transactions to hold that the intent of the transactions was in violation of the FDI policy. The judgment provides key insights into formulation of contractual and shareholder rights, and use of step down structures for foreign investment and encourages the following questions: Are downstream investments still legit? Does the regulator have the power to examine the spirit or substance of the transaction? What should be the parameters of structuring? Are there any assured return structures available?. Join us for an interactive Webinar on Friday, June 12, 2015 (India time) where we discuss and analyze the judgment and its impact on foreign investors. We will