Sebi Takeover Code

List of Abbreviations

    ➢ CLB: Company law Board
    ➢ Comp Cas: Company Cases
    ➢ Comp L J: Company Law Journal
    ➢ FAQ: Frequently Asked Questions
    ➢ Ltd: Limited
    ➢ PA: Public Announcement
    ➢ PAC: Persons Acting in Concert.
    ➢ QB: Queens Bench
    ➢ Reg: Regulation
    ➢ Rs.: Rupees
    ➢ SEBI: Security and Exchange Board of India
    ➢ Sec: Section
    ➢ Spl.: Special
    ➢ UK: United Kingdom
    ➢ v: Versus
Research Methodology

This is to specify that the research methodology adopted throughout the project is doctrinal. Materials have been referred to in general sense. The sources for the project consist of on are Articles, Books, Internet Sources, and Magazines. My experience and my observations in this aspect are an integral part of this project.
Introduction and Scope of Project
Takeover is a well accepted corporate strategy for growth and expansion. It has been a very appealing instrument, as the only need for a takeover is to be financially sound. Further it is also a lucrative instrument to persons other than a company, which wants to make it big. They have now become a part and parcel of modern corporate scenario. There exists an ever innovating world of takeovers which consists of acquisition, takeovers and defences to such takeovers.

In this project, the researcher has tried to provide an overview the takeover law, with specific reference to the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. The project starts with distinction between mergers and acquisitions. Then it moves on to discuss basic concepts of takeovers and acquisitions, like history, kinds, consideration, etc. after that it discusses the United Kingdom’s position with respect to Takeovers. Then, the Indian Scenario is discussed. Here, the specific importance is given to the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 with... [continues]

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