Module 8

M&A Regulations in India

Chapters

8.1. The Companies Act, 1956

Section 390 to 395 of Companies Act, 1956 deal with arrangements, amalgamations....

8.2. The Competition Act, 2002

Following provisions of the Competition Act, 2002 deals with mergers.....

8.3. Foreign Exchange Management Act, 1999

The foreign exchange laws relating to issuance and allotment of shares .....

8.4. SEBI Takeover Code 1994

SEBI Takeover Regulations permit consolidation of shares or voting rights beyond....

8.5. The Indian Income Tax Act(ITA), 1961

Merger has not been defined under the ITA but has been covered under the.......

8.6. Mandatory Permissions by the courts

Any scheme for mergers has to be sanctioned by the courts of the country. .....

8.7. Stamp Duty

Stamp act varies from state to State. As per Bombay Stamp Act, conveyance....

8.8. Key takeaways from this chapter

Mergers are primarily supervised by the High Court(s) and the Ministry of Company .........