Banking Law

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Brightline Test for Control: Exploring its Efficiency

Written by Shubham Shivansh 3rd Year BA LLB Student, National Law University, Odisha   INTRODUCTION The issue as to what constitutes ‘control’ has over the decades become somewhat technical in nature and has befuddled regulators, acquirers, target companies and shareholders with respect to its application as a trigger for the Mandatory Disclosure or Mandatory Bid …

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