Scribd Logo
Upload

Welcome to Scribd!

  • 115 views

    Short Note On Mergers & Acquisitions Activity in India

    Uploaded by

    uma mishra
    This document discusses mergers and acquisitions (M&A) in contemporary India. It notes that M&A activity has increased significantly since economic liberalization in 1992, as foreign companies look to expand in India through acquisitions. However, unchecked M&A could lead to monopolies that harm consumers. As a result, regulations like the Competition Commission of India were established to oversee M&A activity. The objective of the study is to identify bottlenecks in the M&A process and ways to prevent fraudulent mergers, in order to establish a smooth system for regulating M&A in India.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Short Note On Mergers & Acquisitions Activity in India

    Uploaded by

    uma mishra
    115 views3 pages
    This document discusses mergers and acquisitions (M&A) in contemporary India. It notes that M&A activity has increased significantly since economic liberalization in 1992, as foreign companies look to expand in India through acquisitions. However, unchecked M&A could lead to monopolies that harm consumers. As a result, regulations like the Competition Commission of India were established to oversee M&A activity. The objective of the study is to identify bottlenecks in the M&A process and ways to prevent fraudulent mergers, in order to establish a smooth system for regulating M&A in India.

    Original Description:

    short note on mergers & acquisitions activity in India

    Original Title

    short note on mergers & acquisitions activity in India

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document discusses mergers and acquisitions (M&A) in contemporary India. It notes that M&A activity has increased significantly since economic liberalization in 1992, as foreign companies look to expand in India through acquisitions. However, unchecked M&A could lead to monopolies that harm consumers. As a result, regulations like the Competition Commission of India were established to oversee M&A activity. The objective of the study is to identify bottlenecks in the M&A process and ways to prevent fraudulent mergers, in order to establish a smooth system for regulating M&A in India.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    115 views3 pages

    Short Note On Mergers & Acquisitions Activity in India

    Uploaded by

    uma mishra
    This document discusses mergers and acquisitions (M&A) in contemporary India. It notes that M&A activity has increased significantly since economic liberalization in 1992, as foreign companies look to expand in India through acquisitions. However, unchecked M&A could lead to monopolies that harm consumers. As a result, regulations like the Competition Commission of India were established to oversee M&A activity. The objective of the study is to identify bottlenecks in the M&A process and ways to prevent fraudulent mergers, in order to establish a smooth system for regulating M&A in India.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    Synopsis of

    Legal Language Project

    Trend Of Mergers & Acquisitions In Contemporary India

    1) Introduction

    Trend of Merger and Acquisitions In India

    MAJOR PREMISES
    What are the factors which are leading to fast growth of the Merger & Acquisition
    Activities In India.?

    MINOR PREMISES

    Whether Merger & Acquisitions are happening in fair and impartial manner or they
    are biased and could lead to monopoly and profiteering.

    Introduction

    Mergers & Acquisitions had been part of Indian economy since the time immemorial.
    We can see it that in ancient and Medieval times when traders were not able to
    manage their Business, they used to sell Their ships, trading Companies etc. to Other
    Traders. In the Post – Independent India before the Implementation of Liberlisation,
    Privatisation and Globalisation policy in the Year 1992, there was negligible amount
    of M&A activity in India mostly among the domestic Firms or with Internationl
    companies who had the licence to operate in India. But after implementation of new
    Economic policy in the Year 1992 there has been sea Change and Continuous Rise in
    Merger & Acquisition activity in India. The Multi National Companies were eager to
    expand their base in India and therefore immediately acquired small companies Of the
    Related Domain through which they could expand their Businesses in India. For Ex.
    When the Coca- Cola Company re-entered india in the year 1992, it acquired two
    local known Cold – drink Brands such as Limca and Thumbs -up to expand its
    Busineses In India. Similarly there were Many deal in Indian economy relating to
    Merger & Acquisition. Merger & Acquisition is not only an Economic but also has an
    legal Dimension . These Mergers & Acquisition activities have a Huge Bearing on
    legal system of a country. We all know that monopoly is harmful of a nation. Law
    needs to regulate the Economy of a Country so, that there should be a minimum level
    of Competition in the Country so that consumers of a nation are protected from
    oppression. Therefore the government decided to make a statutory authority which is
    empowered to give permissions,and most importantly oversee the Merger &
    Acquisition activity in India. The Competition Commission Of India was creation ed
    under the Competition Commission Of India , 2002 to oversee the M&A activity In
    India.

    Research Question

    Literature Review

    The legal provisions of merger & Acquisition activity mostly Derive from the
    Companies Act, 2013 as subsequently Amended. Also under the section 9 of the
    Insolvency and Bankrupcy Code , 2016 a creditor can approach the NCLT for filing
    an insolvency Resolution against the Defaulting Firm. The Insolvency Resolution
    acts as a Catalyst for Mergers & Acquisition as sick companies through this tribunal
    are purchased at a price which is arrived after subsequent Bidding with the Parties
    which helps in Improving the Value Of the Insolvent Company.

    In Addition to the Companies Act , 2013, The M&A Activity requires Compliance Of
    SEBI in case of publicly traded Companies. The Security and Exchange Board Of
    India was formed Under SEBI act, 1992. SEBI is the authority in India with regard to
    public Transactions.1

    The M&A activity also requires Compliance Of Certain Contractual Obligations and
    therefore these Transactions should be compliant with the provisions Of Indian
    Contract Act

    1
    ttps://www.livemint.com/Money/toEV4eHvzF9IOzptzXSqiJ/Sebi-streamlines-MA-rules-for-listed-firms.html
    OBJECTIVE OF THE STUDY

    To Find Out what are the bottlenecks and difficulties which arise out of the Merger
    & Acquisition processes and what Precautions Must Be taken to prevent Fradaulent
    Mergers & Acquistions. And what percautions to be Taken For Preventing Fake
    Mergers & Acquisitions.

    NATURE OF STUDY
    The study is Doctrinal Study with special emphasis on Analytical study.

    Scope Of The Study


    The project tries to restrict itself To limited no. of sectors in which includes
    Media& Entertainmet, steel etc.

    SIGNIFICANCE OF STUDY
    This study tries to tell What could be the Remedies to prevent Fradaulent Mergers&
    Acquisitions so that there could be a smooth & proper systems to regulate Mergers
    & Acquisitions in india.

    You might also like