Sebi Take over Code

[Type the attach to name] [Year] Indian TAKE OVER CODE BY SARAD GUPTA acer INDIAN TAKEOVER CODE 1. ABSTRACT M&A and Takeovers are the powerful ways to achieve corporate growth, but because of their complex nature, to protect the interest of all the parties, curb the malpractices and to relieve orderly maturement these activities are regulated by a takeover code in most part of the world. In India later on relaxation behavior Govt. started to regulate these activities by introducing a takeover code. This code has gone through various major and mild changes since then to respond the challenges it faced during implementation and also to catch up with its shortcomings 2. INDIAN SCENARIO Mergers and takeovers are prevalent in India right from the power independence period. But Government policies of balanced economic development and to curb the concentration of economic power through asylum of Industrial Development and Regulation Act-1951, MRTP Act, FERA Act etc. do hostile takeover almost impossible and only a very few M&A and Takeovers took settle in India prior to 90s.

But policy of decontrol and lib geological eralization coupled with globalization of the economy after 1980s, especially after liberalization in 1991 had exposed the corporate sector to sodding(a) domestic and global competition. This had been further accentuated by the recessionary trends, resulted in falling demand, which in turn resulted in overcapacity in several(prenominal) sectors of the economy. Companies started to consolidate themselves in areas of their core competence and divest those businesses where they do not have any competitive advantage. It led to an era of corporate restructuring through Mergers and Acquisitions in India. 3. MEANING OF MERGERS AND AMALGAMATION harmonise to section 2(1A) of Income Tax Act, 1961 amalgamation is the merger of one or more companies with another company OR merger of two or more companies (amalgamating companies) to form a new company (amalgamated... If you want to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!