The Viewpoint - Overview of the Key Provisions in the Companies Bill 2012 pertaining to mergers and amalgamations

Bar & Bench February 22 2013

By Sayantan Banerjee and Molla Hasan

The advent of the new Companies Bill, 2012 (“Bill”) which was given assent to by the Lok Sabha on December 18, 2012 will lead to significant changes in the rules and processes for corporate restructuring i.e. compromises, arrangements and amalgamations in India. We have set out in this article some of the key changes proposed in company law with regard to mergers and amalgamations under the Bill vis a vis the Companies Act, 1956 (“Act . . .

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