Tag : #Force Majeure

The process of merger and acquisition in India in terms of corporate laws.

Bhavpreet Singh Soni Jul 13, 2022 0 103

Recently, Byju’s, continuing its incessant action of taking acquisition of innumerable companies has acquired an Austrian based company, GeoGebra. Just like this in today’s date, the maximum portion of tertiary sector’s legal mechanism is engineered by corporate laws. The terms merger & acquisition has been mentioned in Security Exchange Board of India Regulations, 2011. This act gives priority to the merger, acquisition, compromise, arrangement for the listed companies. Some big corporate merger cases that have impacted the laws have shaped the corporate procedures of amalgations and buying of firms in the present. Also, the force majeure conditions like the covid 19 pandemic have fuelled the reverse actions of various start-ups that was formed before or in-between the pandemic. Mergers and acquisition cover much of the laws and that is why this article will explain the whole process of merger and acquisition in India in a lucid methodology.

Business

What is Force Majeure?

Bhavpreet Singh Soni Dec 17, 2020 0 316

Force Majeure is actually a French term and the literal meaning of this term is "greater force". It is "an act of God", an event for which no party can be held accountable, such as a hurricane or a tornado or armed conflict. Force majeure clause guards a party against several pecuniary responsibilities for its failure to carry out a contractual commitment.