Acquiring a company by way of a staggered/ tranched acquisition remains a popular method of structuring M&A transactions in the Indian legal landscape. A staggered acquisition involves a strategic inv...
The Food Safety and Standards Act, 2006 (the Act) governs a wide array of activities in relation to food products and its ingredients including manufacturing, importing, processing, packaging, wholesale, distribution and selling. As investment (foreign and domestic) in the food sector is intensifying, it becomes imperative for businesses to understand and comply with the regulatory regime under the Act. In this article, INDUSLAW's Harman Walia, Aman Gupta and Varnika Agarwal analyse the applicability of, registration / licensing requirements, and compliances under the Act, along with highlighting certain other notable considerations for companies engaged in the food business.
