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 .........