INDIA’S AGE OF GROWTH AND THE SIGNIFICANCE OF DUE DILIGENCE: A CRITICAL ANALYSIS

Priyanshi Rachchh , Aarush Sharma

INDIA’S AGE OF GROWTH AND THE SIGNIFICANCE OF DUE DILIGENCE: A CRITICAL ANALYSIS

India’s large labor force, untapped resources and powerful wealth has set it on a pedestal as the most desirable, lucrative destination for foreign investments. With the advancement of Globalization, a lot of companies have eyed investment in India and vice versa. However due to a lot of reasons such as Unawareness, less defined substantive laws, no common grounds, different legal entities and background, ease of doing business, access to consumer option, and the cultural context have proven to be an obstacle to foreign firms' open investment. Due Diligence is one part of the process which ensures the fairest practice and allowance of mergers and acquisition. It is divided into a simple process and requires certain documents. However, the process is not legally framed or written anywhere, nor is it substantive in nature, as a result of such limitations of due diligence the malpractices tend to continue in the status quo. The authors in this paper aim to highlight the existing problems and limitations with due diligence in regards to mergers and acquisitions with respect to cross border transactions or otherwise and provide suggestive solutions to curb the problem, with nuances of existing legal framework and its loopholes.

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"INDIA’S AGE OF GROWTH AND THE SIGNIFICANCE OF DUE DILIGENCE: A CRITICAL ANALYSIS", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 3, page no.d656-d665, March-2023, Available :https://ijnrd.org/papers/IJNRD2303386.pdf

Volume 8 Issue 3, March-2023

Pages : d656-d665

Paper Reg. ID: IJNRD_189612

Published Paper Id: IJNRD2303386

Downloads: 000118834

Research Area: Engineering

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Published Paper PDF: https://ijnrd.org/papers/IJNRD2303386

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2303386

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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