Abhisshek Singlla Anubhav Pandey

On July 29, 2025, the Reserve Bank of India (“RBI”) issued the Reserve Bank of India (Investment in AIF) Directions, 2025 (“REs Investment Directions”), replacing its earlier circulars dated December 19, 2023, and March 27, 2024, prescribing the regulatory guidelines in respect of investment by the regulated entities of the Reserve Bank (“RE(s)”) in Alternative […]

Cross-border share swaps have emerged as a sophisticated mechanism in global mergers and acquisitions, enabling exchange of equity securities without real flow of remittance of investment amount as compared to an ordinary investment transaction in relation to subscription of securities. In principle, a share swap is a transaction enabling a shareholder of a company to