Novation Legal advises Indian and international clients on the full corporate lifecycle — entity formation, shareholder agreements, M&A, joint ventures, FDI compliance, DPDP Act readiness, board governance and exit. Every transaction is structured for Indian enforceability — the gap between deal documents and Indian commercial reality is where most disputes are born, and where our work focuses.
India's FDI framework is highly sectoral — defence, telecom, retail, e-commerce, insurance, broadcasting and pharmaceuticals each carry distinct caps and approval routes. We map every inbound investment against the consolidated FDI policy, secure RBI approvals where needed, file FC-GPR and ODI returns, and structure pricing under the Foreign Exchange Management (Non-Debt Instruments) Rules 2019.
Our M&A practice covers diligence (legal, regulatory, employment, IP, litigation), structuring (asset purchase, share purchase, merger, slump sale), negotiation (SPA, SHA, escrow, indemnities) and closing (CP satisfaction, regulatory approvals, completion mechanics). We act for European acquirers buying Indian targets and for Indian groups acquiring or being acquired.
The SHA is the constitution of the joint venture. We draft and negotiate SHAs with calibrated reserved matters, deadlock resolution mechanisms (chairman casting vote, escalation, buy-sell, Russian roulette), exit triggers (drag-along, tag-along, ROFR, ROFO, IPO put), and dispute resolution clauses tuned for Indian enforceability.
The Digital Personal Data Protection Act 2023 has redrawn the data privacy landscape for any business processing personal data of Indians. We advise on consent architecture, data fiduciary obligations, data principal rights, breach reporting protocols, cross-border transfer mechanisms and Significant Data Fiduciary classification.
Independent directors and audit committees carry significant personal liability under Sections 149, 166 and 188 of the Companies Act 2013. We provide board-level training, compliance architecture, related-party transaction frameworks, ESOP scheme drafting, and ongoing secretarial review for listed and unlisted companies.
Every matter is handled by a partner with end-to-end accountability. Book a confidential consultation in the strictest BCI compliance.