The Analysis of Merger & Acquisition under various Indian Laws
Keywords:
Mergers & Acquisition, Company Law, Securities Law, Competition Law, Income Tax Act, Goods & Service TaxAbstract
"Wide diversification is only required when investors do not understand what they are doing."
-Warren Buffett
The process of merger and acquisition was a very lengthy process to adhere with back days in the corporate world which have now gained substantial importance due to which the process involved has also been organised by governmental bodies in an efficient way. The concept of Merger & Acquisition was initiated by government for financial organisations for restructure of their organisations that was opened up by the economic reform since 1991. The trend of merger & acquisition has been changing over time with involvement of various laws in the process to make it efficient. The current paper would analyse the various laws prevalent in governing mergers and acquisition and their applicability.
References
1. Regulation 3 r.w Regulation 7 under the Takeover Code.
2. Regulation 37(1) of the Listing Regulation.
3. Regulation II of the Listing Regulation.
4. Regulation 69(2) of the Listing Regulation.
5. Regulation 51 of the Listing Regulation.
6. Section 2(42c) of the Income Tax Act.
7. Section 58(4) of Companies Act, 2013.
8. Section 236 of Companies Act, 2013.
9. Section 230 of Companies Act r.w Rule 3 of the company rules.
10. Section 186 of Companies Act, 2013.
11. Section 180 of Companies Act, 2013.
12. Regulation 3,4 and 5 of the Takeover Code.
13. Regulation 7(1) of the Takeover code.
14. Regulation 7(2) of the Takeover code.
15. Regulation 20 of the Takeover Code.
16. Section 47(vi) of the Income Tax Act, 1961.
17. Section 47(via) of the Income Tax Act, 1961.
18. Section 47(vii) of the Income Tax Act, 1961.
19. Section 47(viab) of the Income Tax Act, 1961.
