MCA invites public comments on proposed amendment in the Rules to widen the scope of fast track mergers under Companies Act, 2013

Source: Government of India

Posted On: 05 APR 2025 4:10PM by PIB Delhi

Section 233 of the Companies Act 2013 provides for merger or amalgamation of certain companies (Fast Track Merger) through approval of Central Government [Delegated to Regional Directors].  Pursuant to Para 101 of the Budget Speech (2025-2026), it has been decided to widen the scope of such mergers.  For this purpose, a  draft notification (along with an Explanatory note) proposing amendment in the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 has been placed on the website of the M/o Corporate Affairs (www.mca.gov.in). 

Comments/suggestions on the draft amendment rules may be sent latest by 05th May, 2025 through e-Consultation Module on the website of Ministry of Corporate Affairs.

****

NB/AD

(Release ID: 2119247) Visitor Counter : 73