law firm partners

S&R Associates Announces New Partners and Counsel

We are pleased to announce that Swapneil Akut, Raya Hazarika and Pratichi Mishra have been designated as retained partners at S&R Associates. We are also pleased to announce that Akshat Kulshrestha, Kinnari Sanghvi and Prateek Sharma have been designated as counsel at the Firm.


indian law firm

S&R Associates Announces New Partners and Counsel

We are pleased to announce that Rachita R. Bhat, Raunaq Bahadur Mathur, Dhruv Nath, Lakshmi Pradeep and Abhishek Tewari have been designated as retained partners at S&R Associates. We are also pleased to announce that Kanika Khanna has been designated as counsel at the Firm.


Will the CCI’s Market Study on Private Equity Investments Provide Clarity for Minority Investments?

In light of the growing trend of private equity (“PE”) firms acquiring minority stakes in multiple firms in the same sector, the Competition Commission of India (the “CCI”) has recently announced a market study to analyse the incentives and rights associated with such minority investments, and their impact on competition in India. There is a lack of clarity around situations in which a PE investor is required to notify a proposed minority acquisition to the CCI, and it is hoped that the CCI’s proposed market study will inform improvements to this framework, in order to bolster certainty and investor confidence. In this context, this note provides an overview of the existing Indian merger control framework vis-à-vis ‘minority acquisitions’, including the uncertainty currently surrounding the notifiability of such transactions, and suggests a possible way forward.