Asia: Corporate/Commercial Law

The Indian corporate financing landscape has evolved significantly, with companies increasingly exploring alternatives to traditional bank funding and equity dilution. One such sophisticated instrument is the issuance of listed Non-Convertible Debentures (NCDs), which allows companies to raise debt capital from institutional investors while maintaining ownership control.

The Mumbai Bench of the National Company Law Tribunal (NCLT) approved a Composite Scheme of Arrangement between Bennett, Coleman and Company Limited (BCCL), the flagship entity of the Times Group, and its wholly owned subsidiary, Times Horizon Private Limited (THPL), marking a significant step in the restructuring of its business operations in India.

In 2025, the regulatory landscape of United States shifted as the Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC) changed how they handle enforcement.