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Restructuring Through Fast Track Mergers – Practical Considerations December 9, 2024
Published in: Articles
DISCLAIMER: The material contained in this publication is solely for information and general guidance and not for advertising or soliciting. The information provided does not constitute professional advice that may be required before acting on any matter. While every care has been taken in the preparation of this publication to ensure its accuracy, Vaish Associates Advocates neither assumes responsibility for any errors, which despite all precautions, may be found herein nor accepts any liability, and disclaims all responsibility, for any kind of loss or damage arising on account of anyone acting / refraining to act by placing reliance upon the information contained in this publication.
The National Company Law Tribunal (NCLT) driven merger process, being a cumbersome and time consuming process involved in the implementation of a merger scheme, poses certain inherent challenges to the overall timeline in the completion of the merger process. Therefore with the advent of the Companies Act, 2013, the idea of fast-track mergers was conceptualized in order to have a simpler and a faster alternative process for certain categories of mergers by doing away with courts/tribunals approvals as it requires the approval of only jurisdictional Regional Directors.
In the said context, Mr. Yatin Narang (Partner) has authored an article titled ‘Restructuring Through Fast Track Mergers – Practical Considerations’ wherein Mr. Yatin Narang has discussed the legislative framework surrounding the fast-track mergers and the practical issues which arise while undertaking a fast-track merger scheme which can be accessed below.
This article was originally published in The Indian Business Law Review, Volume 2, Issue 3, ISSN: 2583-8148 (available at https://iblronline.com/elementor-903/)
The author of the article is:
Mr. Yatin Narang
Partner
[email protected]
