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Compromise Arrangement and Amalgamation of Companies
Compromise Arrangement and Amalgamation of Companies What is Compromise? The term ‘compromise’ has not been explicitly defined under the Companies Act, 2013. However, in a general sense, it refers to the settlement of conflicts by mutual consent or agreement. In the context of corporate restructuring, a compromise often involves a scheme of arrangement between a company…
Annual ROC Filling
Annual ROC Filling The Registrar of Companies (ROC) is responsible for maintaining a database of all the registered companies in India. The ROC Annual Filing is a mandatory process that all companies need to comply with in order to keep their company registration active. The process involves filing various forms and documents with the ROC,…
Small Company Under Companies Act, 2013
Small Company Under Companies Act, 2013 As one of the several measures of Ministry of Corporate Affairs towards Ease of Doing Business in India and to promote entrepreneurship, the concept of Small companies was introduced via Companies Act, 2013 (‘Act’). The basic premise behind this concept is to free small businesses from the burden of…
Merger and Amalgamation on Fast-Track
Merger and Amalgamation on Fast-Track Legal Regime behind Fast Track Mergers: Section 233 of the Companies Act 2013 has introduced the concept of fast-track mergers. It carved out an exception from the regular merger procedure. It exempted small companies and holding and subsidiary companies entering into merger arrangements from the regular merger procedure as stipulated…