March 18, 2010

Realizing Preferred Returns under Indian Law

Liquidation preference - the ability to draw out capital before common shareholders, founders etc assumes much significance in the private equity and venture capital world. With good reason too as securing capital invested in a portfolio is of evident interest to any fund. 

The increasingly complex nature of the returns sought and the circumstances under which they are to be paid often raises doubts on the enforceability of such returns. As a shift from management rights, we now look at the enforceability of certain key economic rights as well.

In this issue of Deal Destination titled “Realizing Preferred Returns under Indian Law”, we analyze the enforceability of liquidation preference in India. Please click here to read more.

-   Priyadarshani Sherchan, Archana Rajaram & Amrita Singh

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