A STUDY ON MERGER AND AMALGAMATION OF COMPANIES

UNDER COMPANIES ACT, 2013

BY- Ayush Mani Mishra

17RU11004
SCHOOL OF LAW
RAFFLES UNIVERSITY
SESSION- 2017-2022

ABSTRACT: -

Everywhere throughout the world, Economies are becoming more powerful with the
assistance of corporate rebuilding procedures like mergers and amalgamation so as to
confront challenges postured by the new pattern of globalization, which has caused the more
integration of national and worldwide markets. As every one of the economies particularly
Indian Economy is getting to be worldwide, activity in mergers and amalgamation is
booming. Fast and liberal law is required to help Merger and amalgamation bargains in
Indian corporate word, so 60-year-old Companies Act, ('1956 Act') was replaced by new
Companies Act, 2013. The new Companies Act (2013) gives a chance to make up for lost
time and make our corporate directions more concurrently, as likewise possibly to make our
corporate administrative structure a model to copy for different economies with comparable
qualities and practices.
Chapter XV of Companies Act 2013 deals with Compromises, Arrangements, and
Amalgamation. The whole chapter comprises of eleven provisions from section 230 to
section 240. This paper is an endeavor to know the general idea and development of Merger
and Amalgamation as for Indian economy, by explaining a few arrangements of new
Companies Act, 2013