It is well-settled law that a non-compete obligation in an employment contract in India is unenforceable after termination of the employment. However, an acquirer in an M&A transaction can require a promoter to not compete with the business that he is selling
A critical part of a lawyer’s job is being a good negotiator. It requires people skills, well-ordered priorities and a positive approach to doing business
Widely reported troubles at Yes Bank, IL&FS, DHFL and others have exposed inadequacies in the insolvency resolution regime for distressed banking and finance companies. Mohit Shukla, the legal head of Barclays India, argues that now is a perfect time to introduce a new composite code to address these shortcomings and rebuild public trust
Reformations within China have amped up its capital market offerings, not to mention the Star Market’s stellar introduction. With US-based mainland companies looking homeward, is Hong Kong still the pearl of the oriental bourses?