Mergers and Acquisitions and Competition Law

ALEXANDER THE GREAT

In ancient Greece, an oracle prophesied that the future ruler of Phrygia would arrive on an ox cart. When peasant Gordius fulfilled this, he was immediately made king. Gordius expressed his gratitude by dedicating his ox cart to Zeus and tied it with an extremely intricate Gordian Knot. The oracle further declared that whoever untied it would rule Asia. Alexander the Great, during his conquests, encountered the knot and, using ingenuity and his sword, simply cut through it, providing a straightforward resolution. He proceeded to conquer Asia in what could be seen as history’s most ambitious merger and acquisition.

Advising Across M&A and Regulatory Frameworks

Just as Alexander’s bold approach resolved the Gordian Knot, innovative strategies often unlock success in contemporary M&A. Our mergers and acquisitions team have handled numerous deals across sectors, representing both acquirers and targets. This experience provides deep insights into industry dynamics and the needs of all parties, including commercial challenges.
Our services encompass structuring advice, regulatory guidance under the Companies Act 2013, the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 (with recent amendments, including September 2025 updates to ICDR and SBE&B Regulations), and other corporate compliances. We conduct thorough legal due diligence on targets, prepare, review, and negotiate transaction documents

Our mergers and acquisitions team also manage schemes of amalgamation, demerger, restructuring, and reconstruction (including standard or reverse mergers under Sections 230-232 of the Companies Act 2013, and acquisitions under the Insolvency and Bankruptcy Code 2016, as updated by the Amendment Bill 2025 introducing creditor-initiated processes). We support clients from conceptualisation—drafting schemes or information memoranda—to securing approvals from SEBI, stock exchanges, NCLT, and other authorities, through to issuance and listing of new securities if required.

Working closely with clients at every stage, we safeguard commercial and strategic interests. Our team not only addresses legal issues but also devises commercial solutions for impasses or specialised structuring, aligned with client objectives. Competition laws play a key role in M&A. Our firm ensures compliance with the Competition Act 2002, incorporating the 2023 Amendment (effective 2024, introducing Deal Value Thresholds) and recent CCI regulations.

Why engage our Lawyers

Strong Track Record Across Sectors
Extensive experience acting for acquirers, targets, promoters, and financial investors across industries, from strategic acquisitions and joint ventures to complex restructurings and distressed M&A.

Integrated Structuring and Regulatory Advice
Holistic support on structuring, due diligence, transaction documentation, and approvals under the Companies Act, SEBI takeover and listing regulations, exchange control laws, and other corporate compliances.

Competition Law Compliance and Strategy
Specialised advice on merger control and behavioural issues under the Competition Act, including the 2023 amendments and evolving CCI regulations, ensuring transactions and business conduct remain competition-law compliant.

Cross-Border Transaction Capability
Seamless coordination with associate firms in the US, Europe, the Middle East, Southeast Asia, and Australia to execute inbound and outbound M&A, while aligning global structures with Indian regulatory expectations.