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In 2018, the value of all M&As in the retail and consumer sector was $27 billion, which is a 700% jump from $3.4 billion worth of transactions in 2017. The biggest deal was Walmart acquiring 77% stake in India's leading e-commerce market place Flipkart for $16 billion.

With banks pushing for change in management of loan defaulting companies, that will result in bigger corporate assets which will be available for acquisition at a throw-away price. Stressed assets are in multiple sectors, so M&As are expected to happen in multiple sectors.

The Real Estate (Regulation and Development) Act, 2016, hereinafter referred to as "RERA", is a central piece of legislation that aims to put the real estate sector within its reach and thus reconcile the interests of Allotted and the executing agency of the project.

Four acquisitions were done by Unacademy this year and growing funding appetite for the ed-tech companies with solid content and software support, clearly indicates that the sector is maturing and investors are willing to put money, especially when the entire education system is affected by Covid-19.

Government has decided to merge 10 public sector banks into four to create large-size state-owned banks. The merger of 10 PSU banks into four was required because of the growing non-performing assets of state-owned banks.

With the introduction of RERA, there will be consolidation in the real estate sector in India as smaller cash-strapped developers will have to partner with larger developers or raise equity from institutional investors.

Taking ahead the growing trend of consolidation in the financial sector a step further, Lakshmi Vilas Bank (LVB) will merge with Indiabulls Housing Finance Ltd in an all share-swap deal.

Prem Watsa-backed Thomas Cook India had acquired vacation ownership Sterling Holiday Resorts for Rs 870 crore, marking its foray into the hospitality sector. For Thomas Cook, it was the second purchase after Ikya Human Solutions in February 2013.

To make a larger presence in India, Total SA will buy a 37.4% stake in Ahmedabad-based Adani Gas Ltd for Rs 6,200 crore. The deal is an indication of rising global interest in India's oil and gas sector.

Hostile Takeover in Information Technology(IT) service business is an unprecedented event, and such a transaction may send a shockwave to the corporate governance and takeover norms in our country.

In a famous case of Flat Buyers Association Winter Hills-77, Gurgaon vs Umang Realtech Pvt Ltd, Adjudicating Authorities find it difficult to follow the process as in normal course, so Reverse Corporate Insolvency Resolution Process (Reverse CIRP) to be followed.