Gujarat National Law University
{Accredited with 'A' Grade by NAAC}...Leader in Legal Education, Research and Professional Training
Faculty Detail
V. Umakanth
(Ph.D., LL.M., LL.B. (Hons.))
Visiting Professor
Phone : (+91) - 79-23276611/23276612
Mobile : (+91) -
Fax : (+91) - 79-23276613
Email : v.umakanth@nus.edu.sg

Conferences/ Seminar Attended / Participation / Papers Presented :

Seminar(s) Attended / Participated:

  • "Due Diligence in Share Acquisitions: Navigating the Insider Trading Regime" (Presentation at the Law & Business Seminar Series, 14 June 2017, Sydney Law School, Sydney, Australia)
  • "The Scheme of Arrangement as a Debt Restructuring Tool in India: Problems and Prospects" (Presentation at the Conference on The Scheme of Arrangement as a Debt Restructuring Tool, 12 January 2017, Harris Manchester College, Oxford, United Kingdom)
  • "Analysing the CSR Spending Requirements under Indian Company Law" (Presentation at the 2016 ICGL Forum on "Globalisation of Corporate Social Responsibility and its Impacts on Corporate Governance: The Chinese Approach and International Experiences", 14-15 December 2016, Renmin Law School, Beijing, China)
  • "Regulating Crowdfunding in India: Walking a Tightrope" (Presentation at the Amity Workshop: Legal Issues in Finance in Europe and Asia, 15 November 2016, Faculty of Law, National University of Singapore)
  • "Comparative Takeover Regulation: Global and Asian Perspectives" (Presentation at the 16th International Conference of the 21st Century Commercial Law Forum, 29-30 October 2016, Commercial Law Research Center of Tsinghua University, Beijing, China) (with Wai Yee Wan)
  • "The Stakeholder Approach Towards Directors' Duties Under Indian Company Law" (Presentation at the International Conference on Liberalization and Globalization: Changing Legal Paradigm, 14-16 July 2016, National Law School of India University, Bangalore, India)
  • "State-Owned Enterprises in India" (Presentation at the Workshop on Corporate Governance of State-owned Enterprises, 19-20 May 2016, Faculty of Law, National University of Singapore, Singapore)
  • "Corporate Governance in India: The Transition from Code to Statute" (Presentation at the International Corporate Governance & Law (ICGL) Forum, 25-26 April 2016, Hong Kong)
  • "Due Diligence in Share Acquisitions: Navigating the Insider Trading Regime" (Seminar at the National Institute of Public Finance and Policy, 7 March 2016, New Delhi, India)
  • "Corporate Law in India: Evolution and Current Trends" (Lecture at NALSAR University of Law, 5 March 2016, Hyderabad, India)
  • "The Nature of the Market for Corporate Control in India" (Commercial Law Centre Lecture, 17 February 2016, Faculty of Law, University of Oxford, United Kingdom)
  • "Corporate Law in Colonial India: Rise and Demise of the Managing Agency System" (Presentation at the Conference on "Influence of Colonies on Commercial Legal Practice", 7-8 January 2016, Fiskars, Finland)
  • "The Protection of Minority Investors and the Compensation of Their Losses: A Case Study of India" (Presentation at the 15th International Conference of the 21st Century Commercial Law Forum, 31 October ? 1 November 2015, Commercial Law Research Center of Tsinghua University, Beijing, China)
  • "Board Independence in India: From Form to Function?" (Presentation at the 18th Annual Law and Business Conference: The Future of International Corporate Governance, 3-5 September 2015, Vanderbilt Law School, Nashville, USA)
  • "The Nature of the Market for Corporate Control in India" (Presentation at the Conference on Comparative Takeover Regulation, 23-24 July 2015, Singapore)
  • "The Evolution of Corporate Law in Post-Colonial India: From Transplant to Autochthony" (Presentation at the 12th Asian Law Institute (ASLI) Conference, 21-22 May 2015, National Taiwan University, Taipei, Taiwan)
  • "Further Reforms to Company Law in India" (Presentation at the Seminar organized by the Institute of South Asian Studies, National University of Singapore, 13 May 2015, Singapore)
  • "Legal Services ? 2020: A Snapshot" (Keynote Address at the First NLSIU Alumni Worldwide Conference on Legal Services, Legal Education and the State of the Profession: Emerging Challenges organized by the National Law School of India University, 25-26 April 2015, Bangalore, India)
  • "Doing Business in India" (Workshop at the Asia Desk Forum organized by the Centre for Asia-Pacific Initiatives, University of Victoria, Canada, 15-18 April 2015, Victoria, Canada)
  • "Board Independence in India: From Form to Function?" (Presentation at the Conference on Independent Directors in Asia organized by the Centre for Asian Legal Studies, National University of Singapore (NUS), 26-27 February 2015, Faculty of Law, NUS, Singapore)
  • "State-Owned Enterprises in India" (Presentation at the 2nd Conference of the EU Asia Corporate Governance Dialogue Series organized by the European Corporate
  • Governance Institute (ECGI) and the Centre for Law & Business, National
  • University of Singapore (NUS), 24 February 2015, Faculty of Law, NUS, Singapore)
  • Comments on "Deals: The Economic Structure of Business Transactions" by Michael Klausner (At the Law & Finance Colloquium organized by the Centre for Banking & Finance Law, NUS and ETH Zurich, 15 January 2015, Faculty of Law, National University of Singapore)
  • "The Evolution of Corporate Law in Post-Colonial India: From Transplant to Autochthony" (Presentation at the Annual Meeting of the Association of American Law Schools, 3-5 January 2015, Marriott Wardman Park Hotel, Washington DC, United States)
  • "Regulating Squeeze Outs in India: A Comparative Perspective" (Presentation at the American Society of Comparative Law Younger Comparativists Committee Workshop on Comparative Business and Financial Law, 7-8 November 2014,
  • University of California, Davis, Davis, California, United States)
  • "The Protection of Minority Investors and the Compensation of Their Losses: A Case Study of India" (Presentation at the XIXth International Congress of Comparative Law, 20-26 July 2014, University of Vienna, Vienna, Austria)
  • "Government Contracts" (Presentation at the Workshop on the Oxford Handbook on the Indian Constitution, 17-20 July 2014, Taj Mahal Hotel, New Delhi, India)
  • "Takeover Regulation and the Concept of 'Control' in India" (Presentation at the SMU-SAL Conference on Comparative Enforcement of Corporate and Securities Laws in Asia, 17-18 July 2014, Supreme Court Auditorium, Singapore)
  • "Corporate Governance in India and China: Current Developments" (Presentation at the International Conference on Trade, Investment and Corporate Governance: Law and Policy in India and China, 25-26 April, 2014, at New Delhi, India)
  • "Rise of Corporate Governance and Shareholder Activism in India" (Presentation at the IBA Conference on The Changing Landscape of Corporate M&A in India", 2122 March, 2014, Mumbai, India)
  • "Shareholder Empowerment in Controlled Companies: The Case of Singapore" (Paper presented at the Shareholder Power Conference at the Faculty of Law, National University of Singapore, 6-7 March, 2014, Singapore)
  • "Recent Developments in Mergers & Acquisitions in Singapore" (Presentation at Seminar organized by the LexisNexis, 24 February 2014, Singapore)
  • "Analyzing India?s New Company Law" (Continuing Legal Education Seminar, 23 October 2013 at the Faculty of Law, National University of Singapore)
  • "Shareholder Empowerment in Controlled Companies: The Case of Singapore" (Paper presented at the 16th Annual Law & Business Conference at the Vanderbilt University Law School, 26-27 September, 2013, Nashville, USA)
  • "The Impact of Globalization and Cross-border Mergers & Acquisitions on the Legal Profession in India" (Paper presented at the 10th Asian Law Institute Conference, 2324 May, 2013, Bangalore)
  • "Building an Effective Board" (Workshop at ON Haat 2013 organised by Omidyar Network, 19 March 2013, Bangalore)
  • "Private Sector Concerns" (Roundtable on Infrastructure Development & Good Governance organized by the Jindal Global Law School and the Infrastructure Development Finance Corporation, 23 November 2012, New Delhi, India)
  • "The Advent of Shareholder Activism in India" (Distinguished Public Lecture, 22 November 2012, at the Jindal Global Law School, Sonepat, India)
  • "Comparative Takeover Regulation: Trends and Impact on Practice" (Continuing Legal Education Seminar, 22 August 2012, at the Faculty of Law, National University of Singapore)
  • "Corporate Governance and Takeover Regulation" (Paper presented at the V Annual NLSIR Symposium on Mergers & Acquisitions in India: Recent Regulatory Changes, 5-6 May 2012, National Law School of India University, Bangalore, India)
  • "The Impact of Globalization and Cross-border Mergers & Acquisitions on the Legal Profession in India" (Paper presented at the Academic Conference on The Indian Legal Profession in the Age of Globalization, 13-14 April, 2012, Harvard Law School, Boston, USA)
  • "Corporate Governance in M&A Transactions" (Paper presented at the International Bar Association Conference on The Indian Story in Global Mergers and
  • Acquisitions, 9-10 March, 2012, Mumbai, India)
  • Microfinance and the Corporate Governance Conundrum" (Paper presented at the Corporate Law Teachers Association Conference, 5-7 February 2012, Bond University, Gold Coast, Australia)
  • "Crossborder Mergers & Acquisitions and the Legal Profession" (Paper presented at the Globalization, Lawyers and Emerging Economies: Academic Conference, 8 Oct 2011, New Delhi, India)
  • "Microfinance and the Corporate Governance Conundrum" (Paper presented at the 8th Asian Law Institute Conference on Law in a Sustainable Asia, 26-27 May 2011, Kyushu University, Fukuoka, Japan)
  • "Independent Directors and Their Constraints in China and India" (Paper presented at the Michigan-Jindal International Conference on Global and Comparative Corporate Governance, 3-4 Mar 2011, Jindal Global Law School, Sonipat, India)
  • "Legal Framework for M&A in India: Current Trends" (Continuing Legal Education
  • Seminar, 16 February 2011, at the Faculty of Law, National University of Singapore)
  • "Derivative Actions in India" (Paper presented at the 3rd Biennial HKU-NUS-SMU Symposium, 15-16 Nov 2010, University of Hong Kong, Hong Kong SAR)
  • "The Rarity of Derivative Actions in India: Reasons and Consequences" (Paper presented at the Derivative Actions in Asia's Miracle Economies, 23-24 Jul 2010, Faculty of Law, National University of Singapore, Singapore)
  • "Recent Reforms to Corporate Governance in India: An Analysis" (Paper presented at the 3rd NLSIR Symposium on 'Corporate Law and Governance', 10-11 Apr 2010, NLS campus, Bangalore, India)
  • "Beyond Satyam: Analysing Corporate Governance in India" (panel discussion organised by Jindal Global Law School, 4 Feb 2009, University Club, New York, United States)
  • "Analysing India's Approach to Hedge Fund Regulation" (Paper presented at the 5th Asian Law Institute Conference, 22-23 May 2008, Faculty of Law, National University of Singapore, Singapore)
  • Conducted an Orientation Programme on "New Frontiers of Corporate Governance" at the National Law School of India University, Bangalore (August 2006)
  • "Legal Aspects of Real Estate in India" - Suminfra, Summit on Public Private Partnerships in Infrastructure, Bangalore (2004);
  • "Limitation of Liability in IT Contracts" ? Consilience ? Conference on Technology Laws, Bangalore (2004);
  • "Mergers, Acquisitions & Corporate Restructuring" - Annual Conference of the Institute of Company Secretaries of India, Bangalore (2004) and Hyderabad (2005);
  • "Securitization" ? National Roundtable on Regulation of Financial Sector Regulations, National Law School of India University, Bangalore (2004);
  • "Mergers & Acquisitions in the Technology Sector", MAIT (2003);
  • "Analysis of the Companies Amendment Bill, 2003" ? Cochin Chamber of Commerce, Cochin (2003);
  • "Regulation of Derivatives" ? National Roundtable on Securities Regulation, National Law School of India University, Bangalore (2002).

Publication(s) / Book(s) :

Publication / Books:

  • "Corporate Law in Colonial India: Rise and Demise of the Managing Agency System"
  • "The Stakeholder Approach Towards Directors' Duties Under Indian Company Law" (with Mihir Naniwadekar)
  • "Analysing the CSR Spending Requirements under Indian Company Law"
  • "The Scheme of Arrangement as a Debt Restructuring Tool in India: Problems and Prospects"
  • "Minority Shareholder Protection as a Numbers Game", BloombergQuint Opinion (18 March 2017)
  • "Judicial Delays in India and Turning Tides ? The Significance of the Commercial Courts Act to India?s Dispute Resolution Mechanism", Oxford Business Law Blog (14 April 2016)
  • "The Long and Short of Insider Trading Regulation in India" (2016) No. 13, NSE Centre for Excellence in Corporate Governance: Quarterly Briefing, 1-6
  • "Corporate Governance in State-Owned Enterprises" (2015) No. 9, NSE Centre for Excellence in Corporate Governance: Quarterly Briefing, 1-6
  • "Directors? Duties and Liabilities in the New Era" (2014) No. 5, NSE Centre for Excellence in Corporate Governance: Quarterly Briefing, 1-6
  • "Emergence of Shareholder Activism in India" (2013) No. 1, NSE Centre for Excellence in Corporate Governance: Quarterly Briefing, 1-6
  • "SEBI?s Consultative Paper on Review of Corporate Governance Norms in India: Comments and Suggestions" (Submitted to the Securities and Exchange Board of India, January 30, 2013)
  • "No Way Out: The Reserve Bank of India must review its position on put options or risk driving foreign investors away" (2012) 6(1) India Business Law Journal 29-31
  • "Developing the Market for Corporate Bonds in India" (2012) WP/6/2012 NSE Working Papers: National Stock Exchange of India, 1-35 (with Vikramaditya Khanna)
  • "The Idea of a "Professional" Independent Director" (2010) No. 2, The Directors' Bulletin, 15-17
  • Several articles on matters of corporate and commercial law published in leading Indian national newspapers covering economic and financial news, including the following:
  • Making Impact Disclosure Mandatory (2007)
  • Press Note 1: An Act Beyond the Contract (2007)
  • Critique on the Companies Amendment Bill (2003)
  • Revamping Company Law in India (2002)
  • Debt Restructuring by Indian Companies (2002)
  • Enforceability of Put and Call Options (2001)

Books Reviewed / Edited :

  • Mergers & Acquisitions in Singapore: Law & Practice (Singapore: LexisNexis, 2013) (with Wan Wai Yee)
  • Casebook on Corporate Governance (Singapore: Sweet & Maxwell, 2009) (with Chew Heng Ching, Tan Chong Huat, Tan Lay Hong & Long Hsueh Ching)
  • Comparative Takeover Regulation: Global and Asian Perspectives (Cambridge: Cambridge University Press, 2017 forthcoming) (with Wai Yee Wan)
  • "The Stakeholder Approach to Corporate Law: A Historical Perspective from India" in Harwell Wells, ed., Research Handbook on the History of Corporate Law (Cheltenham: Edward Elgar, forthcoming)
  • "The Nature of the Market for Corporate Control in India" in Umakanth Varottil & Wai Yee Wan, eds., Comparative Takeover Regulation: Global and Asian Perspectives (Cambridge: Cambridge University Press, 2017 forthcoming)
  • "Regulating Equity Crowdfunding in India: Walking a Tightrope" in P.M. Vasudev & Susan Watson, eds., Global Capital Markets - A Survey of Legal and Regulatory Trends (Cheltenham: Edward Elgar, 2017 forthcoming) (with Arjya Majumdar)
  • "Board Independence in India: From Form to Function?" in Dan W. Puchniak, Harald Baum and Luke Nottage, eds., Independent Directors in Asia: A Historical, Contextual and Comparative Approach (Cambridge: Cambridge University Press, 2018 forthcoming) (with Vikramaditya Khanna)
  • "The Impact of Globalization and Cross-border Mergers & Acquisitions on the Legal Profession in India" in David B. Wilkins, Vikramaditya S. Khanna & David M. Trubek, The Indian Legal Profession in the Age of Globalization (Cambridge: Cambridge University Press, 2017), pp. 170-216
  • "The Protection of Minority Investors and the Compensation of Their Losses: A Case Study of India" in Pierre-Henri Conac & Martin Gelter, eds., Global Securities Litigation and Enforcement (Cambridge: Cambridge University Press, forthcoming)
  • "Corporate Governance in India: The Transition from Code to Statute" in Jean du Plessis & Chee Keong Low, eds., Corporate Governance Codes for the 21st Century: International Perspectives and Critical Analyses (Switzerland: Springer International Publishing, 2017), pp. 97-114
  • "Corporate Governance" in Linda Spedding, ed., India: The Business Opportunity (Lucknow: Eastern Book Company, 2016), pp. 289-342 (with Richa Naujoks)
  • "Government Contracts" in Sujit Choudhary, Madhav Khosla & Pratap Bhanu Mehta, eds., Oxford Handbook of the Indian Constitution (Oxford: Oxford University Press, 2016), pp. 967-984
  • "Mergers & Acquisitions" in Shaun Star (ed.), Australia and India ? A Comparative Overview of the Law and Legal Practice (New Delhi: Universal Law Publishers (an imprint of LexisNexis), 2015, pp. 99-120 (with Emma Armson)
  • "Shareholder Empowerment in Controlled Companies: The Case of Singapore" in Randall Thomas & Jennifer Hill (eds.), The Research Handbook of Shareholder Power (Cheltenham: Edward Elgar, 2015), pp. 572-591(with Luh Luh Lan)
  • "The Rarity of Derivative Actions in India: Reasons and Consequences" in Dan W. Puchniak, Harald Baum & Michael Ewing-Chow (eds.), The Derivative Action in Asia: A Comparative and Functional Approach (Cambridge University Press, 2012), pp. 369-397 (with Vikramaditya Khanna)
  • "Sovereign Debt Documentation and the Pari Passu Clause" in Robert W. Kolb (ed.), Sovereign Debt: From Safety to Default (John Wiley & Sons, 2011), pp. 227-234
  • "A Dose of Sunlight Therapy: Using corporate and Securities Laws to Treat Climate Change" (2009) 1, Indian Yearbook of International Law and Policy, 112-131
  • Review of "Corporate Social Responsibility of Multinational Corporations in Developing Countries: Perspectives on Anti-Corruption" by Adefolake O. Adeyeye. [2013] Singapore Journal of Legal Studies 226-229
  • Review of "The Globalization of Corporate Governance" by Alan Dignam & Michael Galanis. (2012) 2(1) Asian Journal of International Law 197-199

Honours/Membership :

  • Member, Strategic Advisory Board, Cyril Amarchand Mangaldas, India
  • Editor (Articles), Singapore Journal of Legal Studies
  • Editor, Asian Journal of Comparative Law
  • Member, Executive Committee, Centre for Banking & Finance Law, National University of Singapore
  • Member, Executive Committee, Centre for Asian Legal Studies, National University of Singapore
  • Fellow, Centre for Law & Business, Faculty of Law, National University of Singapore
  • Member, Advisory Committee & Drafting Committee, NSE Centre for Excellence in Corporate Governance, National Stock Exchange of India, Mumbai
  • External Advisory Member, GNLU Centre for Corporate & Competition Law, Gujarat National Law University, India
  • Member, Board of Advisors, NLS Business Law Review
  • Editor, Asian Journal of Legal Education
  • Member, Advisory Board, RGNUL Finance and Mercantile Law Review
  • Member, Advisory Board - International, Christ University Law Journal

Research Projects / Article Papers

  • "Due Diligence in Share Acquisitions: Navigating the Insider Trading Regime", (2017) (2) Journal of Business Law 237-259
  • "The Evolution of Corporate Law in Post-Colonial India: From Transplant to Autochthony", (2016) 31 American University International Law Review 253-325
  • "State-Owned Enterprises in Singapore: Historical Insights Into a Chosen Model for Reform" (2015) 28(2) Columbia Journal of Asian Law, 61-97 (with Tan Cheng Han & Dan W. Puchniak)
  • "Regulating Squeeze Outs in India: A Comparative Perspective" (2015) 63(3) American Journal of Comparative Law 1009-1052 (with Vikramaditya Khanna)
  • "Comparative Takeover Regulation and the Concept of 'Control'", [2015] Singapore Journal of Legal Studies 208-231
  • "Corporate Governance in M&A Transactions" (2013) 24(2) National Law School of India Review 50-61
  • "Microfinance and the Corporate Governance Conundrum" (2012) 9 Berkeley Business Law Journal 242-292
  • "The Advent of Shareholder Activism in India" (2012) 1 (6) Journal on Governance 582-628
  • "The Enforceability of Contractual Restrictions on the Transfer of Shares" (2012) 21(1) Supreme Court Cases J-1 ? J-24 (with V. Niranjan)
  • "Investment Agreements in India: Is There an 'Option'?" (2011) 4(4) NUJS Law Review 467-493
  • "Corporate Criminal Liability and Securities Offerings: Rationalizing the IridiumMotorola Case" (2011) 23(1) National Law School of India Review 109-132 (with Mihir Naniwadekar)
  • "Independent Directors and their Constraints in China and India" (2011) 2 Jindal Global Law Review 127-155
  • "Corporate Governance in India's Infrastructure Sector: Issues and Perspectives" (2011) 3 IDFC Law Reporter 93-100
  • "Evolution and Effectiveness of Independent Directors in Indian Corporate Governance" (2010) 6 Hastings Business Law Journal 281-376
  • "India's Corporate Governance Voluntary Guidelines 2009: Rhetoric or Reality?" (2010) 22 No.2 National Law School of India Review1-28
  • "Strategies for Host Country Regulation of Hedge Funds: Lessons from India's Approach" (2009) 11 No. 1 Australian Journal of Asian Law 113-134
  • "A Cautionary Tale of the Transplant Effect on Indian Corporate Governance" (2009) 21(1) National Law School of India Review 1-49
  • "Sovereign Debt Documentation: Unraveling the Pari Passu Mystery" (2008) 7 DePaul Business & Commercial Law Journal 119-143
  • "Corporate Criminality and the Law" (1996) 38 Journal of the Indian Law Institute 218 (with T.K. Bhaskar)
  • "Regulation of Hazardous Substances: Law and Policy" (1995) 37 Journal of the Indian Law Institute 508.

Awards Received / Achievements :

  • Faculty Teaching Excellence Award, 2015, Faculty of Law, National University of Singapore, Singapore
  • University Teaching Excellence Award, 2013, Faculty of Law, National University of Singapore, Singapore
  • Faculty Teaching Excellence Award, 2013, Faculty of Law, National University of Singapore, Singapore
  • Faculty Teaching Excellence Award, 2011, Faculty of Law, National University of Singapore, Singapore
  • Wang Gungwu Medal & Prize for the Best PhD Thesis in the Social Sciences/ Humanities, 2010, Faculty of Law, National University of Singapore, Singapore
  • Lee Kong Chian Graduate Scholarship, 2007-2009, Faculty of Law, National University of Singapore, Singapore
  • Hauser Global Scholarship, 2006-2007, New York University School of Law, New York, USA
  • Awarded 8 gold medals, including for First Rank, 1995, National Law School of India University, Bangalore

Last Updated : 23-10-2017