Due diligence is the investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or contract with another party or an act with a certain standard of care. In today’s challenging business environment, due diligence is the need of the hour as it is an assessment process that defines potential synergies and helps acquirers minimize risk. Due Diligence exercises are of various types viz. financial due diligence, tax due diligence, legal and corporate due diligence etc.
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