Regulating Equity Exposure Offshore Derivative Instruments: A Substance Over Form Imperative for SEBI

[Mustafa Rajkotwala and Shamik Datta are lawyers based in Mumbai] Tracker shares and total return swaps (“TRSs”) are sophisticated financial instruments that allow foreign investors to synthetically replicate exposure to Indian equity markets. These instruments have gained prominence as alternatives to traditional participatory notes (“P-notes”), offering similar economic outcomes while circumventing scrutiny under SEBI’s offshore derivative instruments (“ODI”)

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The WHO Pandemic Agreement: A Contested Step Beyond Doha

Taking a look at the recent Pandemic Treaty, Dr. Siddarth Jain explains how its provisions differ—both positively and negatively—from the 2001 Doha Declaration. Siddarth holds a PhD from the School of Social Sciences, Centre for Studies in Science Policy, Jawaharlal Nehru University, New Delhi, and is interested in IP, technology transfer, and innovation studies. ©

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Khaitan & Co Advised Sovos Compliance On Acquisition Of GST Business From IRIS Business Services

Khaitan & Co advised Sovos Compliance on acquisition of GST business from IRIS Business Services Khaitan & Co advised Sovos Compliance Limited on the acquisition of the GST Application Service Provider business of IRIS Business Services Limited. The transaction involves carving out the GST business into IRIS Logix Solutions Private Limited, a wholly owned subsidiary

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Advanced Certificate Course on Domestic & International Arbitration by DNLU, Jabalpur & Luthra & Luthra Law Offices India [Online, 26th July – 3rd August 2025]

We are excited to invite you to participate in our upcoming Advanced Certificate Course on Domestic & International Arbitration, organized by DNLU & Luthra & Luthra Law Offices India, scheduled from 26th July – 3rd August 2025. About DNLU: Established in 2018, Dharmashastra National Law University (DNLU) was founded with the vision of imparting and

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Khaitan & Co Advised Multiples Private Equity Fund On Acquisition Of 32% Stake In VIP Industries

Khaitan & Co advised Multiples Private Equity Fund on acquisition of 32% stake in VIP Industries Khaitan & Co advised Multiples Private Equity Fund on the acquisition of control and a ~32% stake in VIP Industries Limited (“Target Company”) for an aggregate consideration of approximately INR 1,763 crore by the Multiples Consortium. The acquisition structure

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