With the dynamic and ever-evolving landscape of global markets in the post-pandemic world, global players are looking for new destinations to relocate their supply chains and manufacturing hubs. While...
On February 03, 2020, the Ministry of Corporate Affairs notified Sections 230(11) and Section 230(12) of the Companies Act, 2013 along with the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2020 and the National Company Law Tribunal (Amendment) Rules, 2020 (Amendment) which pertain to arrangements involving takeovers. By way of the Amendment, the MCA has made some key insertions to the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 and the National Company Law Tribunal Rules, 2016. The Amendment could have some significant implications, specifically on the minority shareholders of a company. INDUSLAW’s Pallavi Kanakgiri and Raghav Muthanna discuss.
