As some of the recent IPOs including those of new-age technology, e-commerce, and fintech companies have come under pressure, the SEBI is tightening regulations to avoid an exodus of investors. A cap has also been imposed on the quantum of funds that can be raised for use in future acquisitions. Our brief client presentation highlights these points.
Fast-track mergers in India: Will the proposed Company Law amendments help speed the process?
Download .pdf Background Section 233 of the Companies Act, 2013 (the “Act”) offers an expedited route for specified mergers, including those between: (i) small companies; (ii) a holding company and its wholly-owned subsidiary; or (iii) a prescribed class of...