Downstream Investments by FOCCs: Practical Challenges and Conundrums
The regulatory uncertainty surrounding downstream investments by foreign owned or controlled companies raises more than a few challenges in structuring transactions and leaves certain key aspects open to interpretation. This article highlights the resultant conundrums and industry views and makes a case for a comprehensive framework for FOCCs.
Spotlighting the Need for Elaborate Set-off Provisions in Commercial Contracts
This article analyses the utility of set-off provisions in commercial contracts, especially in the context of insolvency, in light of a recent Supreme Court decision. It also provides key takeaways for ensuring the feasibility of set-off provisions and making them capable of withstanding judicial scrutiny.
