Tech

MCA Expands Fast Track Merger Framework To Enable More Startup Reverse Flips

Published

on

[ad_1]

SUMMARY

MCA has widened the scope of fast-track mergers, allowing more companies to restructure without seeking approval from the National Company Law Tribunal (NCLT)

New exemptions include mergers of unlisted firms under INR 200 Cr debt, foreign holding companies with Indian subsidiaries, and intra-group subsidiaries of the same parent

The move is expected to accelerate reverse flipping, as startups with overseas holding structures get a smoother path to re-domicile in India ahead of…

[ad_2]

Source link

Exit mobile version