Vendor Due Diligence & Screening

Anti Money Laundering Legislation in India - The Price of PayPal’s Non-Compliance

PayPal has been hit by Rs. 96 Lakh penalty by the Financial Intelligence Unit (FIU) for alleged contravention of the anti-money laundering law and accused of 'concealing' suspect financial transactions and abetting "disintegration" of India's financial system.

Vendor Due Diligence

PUFE TRANSACTIONS UNDER IBC: A GUIDE TO BUYING DISTRESSED ASSETS

PUFE Transactions are covered under sections 43, 45, 66, and 50 of the Insolvency and Bankruptcy Code, 2016. It lists four types of vulnerable transactions, namely Preferential, Undervalued, Fraudulent, and Extortionate.

Enhanced Due DIligence

IBC Barred By Limitation Or Not?

Limitation Act, 1963 applies to the proceedings under the Insolvency and Bankruptcy Code, 2016 in the matters relating to the initiation of the corporate insolvency resolution process(CIRP) based on time-barred debt.

Section 29A (IBC) Due Diligence

IBC: A Viable Solution for Mergers & Acquisitions

IBC is fueling mergers and acquisition transactions in India. Learn about IBC and how it is changing the M&A landscape in the country.

Enhanced Due DIligence

Due Diligence in Mergers and Acquisitions

Due diligence in M&A transactions is required to confirm the vendor's pertinent information such as financials, contracts, customers, etc.

Enhanced Due DIligence

Who is a 'Politically Exposed Person'?

A Politically Exposed Person is someone who, through their prominent position or influence, is more susceptible to being involved in bribery or corruption.

Enhanced Due DIligence

What is Force Majeure and what are the implications of COVID-19 in its context?

The Force Majeure clause has neither been defined nor specifically dealt with in Indian statutes, however, the term attracts the provisions of Section 32 of the Indian Contract Act.

Enhanced Due DIligence

Vendor Management During COVID

The outbreak of COVID-19 has caused potential buyers and sellers to think and analyze the fundamental aspects of the business relationship and the importance of online due diligence.

Vendor Due Diligence

Why is vendor due diligence important?

Vendor due diligence exercise puts you in a better position to negotiate with vendors, onboard vendors quickly, and ensure that your project is successful without exposing your business to avoidable risks. A thorough vendor analysis and qualification process need not be time-consuming at all.