Illicit trade is a global threat particularly in innovation-driven economies. Counterfeiting is a form of illicit trade which is prevalent across various industries, including but not limited to the tobacco industry.
Being a complex phenomenon, the adverse impact of counterfeiting of products is multidimensional and is reflected upon multiple stakeholders of the society and on the economic growth of the nation.
Please click here to read the full article by Upendra Nath Sharma and Ksanjana Chana, published in The Hindu Business Line.
Upendra’s practice primarily covers mergers, acquisitions, joint ventures, private equity, restructuring, corporate commercial, and anti-corruption matters.