GPG Corporate M&A 2025 Vol 1

INDIA CONTENTS

6.6 Requirement to Obtain Financing p.839 6.7 Types of Deal Security Measures p.839 6.8 Additional Governance Rights p.840 6.9 Voting by Proxy p.840 6.10 Squeeze-Out Mechanisms p.840 6.11 Irrevocable Commitments p.840 7. Disclosure p.841 7.1 Making a Bid Public p.841 7.2 Type of Disclosure Required p.841 7.3 Producing Financial Statements p.841 7.4 Transaction Documents p.841 8. Duties of Directors p.842 8.1 Principal Directors’ Duties p.842 8.2 Special or Ad Hoc Committees p.842 8.3 Business Judgement Rule p.842 8.4 Independent Outside Advice p.842 8.5 Conflicts of Interest p.842 9. Defensive Measures p.843 9.1 Hostile Tender Offers p.843 9.2 Directors’ Use of Defensive Measures p.843 9.3 Common Defensive Measures p.843 9.4 Directors’ Duties p.843 9.5 Directors’ Ability to “Just Say No” p.843 10. Litigation p.844 10.1 Frequency of Litigation p.844 10.2 Stage of Deal p.844 10.3 “Broken-Deal” Disputes p.844 11. Activism p.844 11.1 Shareholder Activism p.844 11.2 Aims of Activists p.845 11.3 Interference With Completion p.845

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