The Indian Government is gradually exiting non-strategic sectors through privatisation or strategic disinvestment to meet its fiscal deficit or to extricate itself of loss-making entities that are costing taxpayers money. The government does it through strategic deal, disinvestments with sale of minority stake, monetisation of certain assets or even share buyback.
We help with the legal due diligence of PSUs, preparation of the confidential information memorandum, preparation of share purchase agreement and the shareholder agreement in consultation with the bidders. We also provide support with material contracts and agreements, loan and lease agreements to ensure that there are no unduly onerous conditions, title deeds to ensure that there are no defects of title or onerous conditions and the adequacy of insurance cover and compliance with any legal or other requirement.
The services we render includes:
- Assistance in submission of expression of interest
- Drafting of Request for Proposal (RFP) document
- Drafting and vetting of confidentiality undertaking
- Tender related documentation
- Tender related litigation and alternate dispute resolution
- Assistance with tender submission, bidding and legal risk analysis
- Assistance to Indian Companies in multi-jurisdictional tender process.
