Fast Track Merger under the Companies Act, 2013 – Detailed Procedure, Legal Framework and Practical Understanding

Restructuring of business is an important part for business. For expansion of business Fast Track Merger without the intervention of the National Company Law Tribunal (NCLT), can be possible under the section 233 of the Companies Act,2013 and rules made thereunder. The benefit of fast-track merger is operational efficiency, reduction of costs, consolidation of resources, elimination of duplicate structures and enhancement of business value. Mergers without the following fast track root may be...