- 6549 Views
- 29 Mar 2019
- Karan Sahi
- Corporate Law, Companies Act 2013, Procedure, M&A, Articles, Company Secretary, NCLT-NCLAT,
1. Introduction 1.1 In ordinary parlance, a hostile takeover shall imply the acquisition of Target Company by the Acquirer which is accomplished by going directly to the company's shareholders or fighting to replace management to get the purchase approved. A hostile takeover can be achieved through either an open offer or a proxy fight. There have been very few instances of a hostil......