Special Purpose Acquisition Companies (SPAC): Applicability in the Indian Legal Framework

By | March 13, 2021
Special Purpose Acquisition Companies (SPAC)

Last Updated on 1 year by Admin LB I. Introduction Special Purpose Acquisition Companies (SPACs) have arisen as a potential alternative to collect public funds from offshore markets. They are ideally tailored to start-ups, who otherwise find it difficult to excite conservative Indian retail investors. SPAC is a shell corporation with no operational activities and is managed by...

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Author: Eshanee Bhattacharya

Eshanee is practicing in the areas of Corporate Commercial, Insolvency and Securities Law. She is an alumnus of the National Institute of Securities Markets. (MNLU Mumbai)