Discuss regulatory challenges arising due to the emergence of Special Purpose Acquisition Companies (SPAC) in the Indian corporate environment.

Discuss regulatory challenges arising due to the emergence of Special Purpose Acquisition Companies (SPAC) in the Indian corporate environment

The topic should cover all the basic stuff like the introduction, evolution and key features. In the end like an analysis or an opinion to the same needs to addressed.

And should have a clearly thought out flow relating to the topic from top to bottom