1. RBI Circular on Options
We had carried two guest posts (here and here) on RBI’s notification dated 9 January 2014 relating to options and convertible instruments.
This notification has generated a great deal of debate and its precise scope and contours are still being carefully ascertained. For a flavour of the further debate, the following resources are helpful:
- a discussion on The Firm;
- some op-eds in the financial press (here).
In case other useful resources/materials on this topic are available, readers may please insert them in the Comments section.
2. Material Adverse Change