M&A
Vodafone decision: All is not lost, perhaps nothing
11 Sep 2010
As Vodafone prefers a challenge before the Supreme Court, nothing prevents it from using the High Court’s analysis to establish that, in form, none of the assets acquired by the Dutch company had the required degree of nexus with the territory India. At the moment, it looks like all may not be lost for Vodafone, say Aditi Mukundan and Mahesh Kumar, memebers of Nishith Desai Associates