The Reserve Bank of India has significantly amended the framework for external commercial borrowings for Indian companies. This will enable Indian companies, including subsidiaries of foreign companies, to borrow higher amounts for shorter timelines. Please go through our PPT for more information.
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...