Category: Economy

As the time-limit extends and cases pile up, the statutory-intended balance between speed, value maximisation, and stakeholder protection begins to unravel

In case SPACs find their way to the mainstream of Indian finance, it will not be merely a matter of jumping on the bandwagon, but a real overhaul will be required to make it actually effective.

If correctly designed, the MAC clauses will provide a lot of market certainty in India, which can be unpredictable at times.