Tag: Corporate restructuring
Posted in Business
How Tata Trusts picked two firms to merge with Tata Sons
Tata Trusts’ proposal to merge Tata Consulting Engineers (TCE) and Tata Electronics Systems Solutions Pvt. Ltd (TESS) into Tata Sons is centred on the two…
Posted in Economy
Demerger may not be tax-neutral if holding company issues shares: Mumbai ITAT
Mumbai: In a ruling that carries significant implications for corporate restructuring transactions, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) recently held that…
Posted in Economy
Govt notifies wider scope for fast track mergers under Companies Act
New Delhi: The government has notified rules expanding the scope of fast track mergers under the Companies Act, 2013, bringing in more categories of companies…
Posted in Economy
Govt widens scope of fast-track mergers; move to benefit larger number of firms
The corporate affairs ministry has relaxed rules to allow the fast-track merger facility to a larger number of companies, especially the small and medium ones,…