Indian economy is growing and synchronizing itself along with the economy of the world. We always study that a particular group of company have acquired another group of company, or have invested in shares of another company, reason being their expansion, conversion of loss making entity into profit motive entity etc.
For getting conceptual clarity and practical exposure of procedures as well as legal framework Department of BBA organized a Guest lecture on Merger & Acquisition for the students of BBA and PGDM on 30th September 2016 at 10:30 am onwards. The resource person was CS Devesh Pandey, Corporate & Legal Advisor – Corplex Advisors law firm. The delivery of case based and one by one explanation not only benefitted the students for incorporating their knowledge in actual world, but it also benefitted the faculty members for their practical updation.
Mr. Pandey started the session by asking basic questions regarding M&A’s from the students to know their understanding of the concepts. He explained basic differences between Acquisition, Merger, Reverse Merger, share purchase etc. He discussed about M & A of companies, which have taken place recently. He visualized the cases of Tata who acquired Jaguar, Vodafone acquiring Hutch, Reliance and its group companies, and so many other cases. He started with the basics and go through with explanation of its legal process, approval of court and creditors, applicable governing law, finalization of books, taxation consequences etc.