Abstract
Mergers and acquisition (M&A) are used as an instrument of exponential growth by companies. Companies choose to merge for various reasons, to avoid the long gestation period of projects, for access to new markets and technology, for better economies of scale, etc. The Indian Companies Act, 2013 has been the new revelation into the merger and acquisition regime in India. Mergers have become tools of business strategy to not only gain strength and expand customer base but also for eliminating competition, tax liabilities, and to cover the losses of one company against the profits of another. In 2016, an alternative to the lengthy and time-consuming process for mergers was introduced under Section 233 of the Act. This paper aims to understand the concept of Fast Track Mergers and compare the procedures in India and Singapore. The paper also aims to comprehend if Fast Track Mergers will help overcome a plausible recession.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.