Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: VAT Audit :: VAT RATES :: articles on VAT and GST in India :: TDS :: empanelment :: form 3cd :: cpt :: ACCOUNTING STANDARD :: list of goods taxed at 4%
 
 
« Mergers and Acquisitions »
 Indian Steel Tycoon Hires StanChart Banker to Lead M&A
 Deals of the day-Mergers and acquisitions Nov 14, 2017
 Largest cybersecurity M&A deals in 2017
 State Bank of India eyes profitable expansion outside home
 Deals of the day-Mergers and acquisitions Nov 6, 2017
 Large merger and acquisitions back in Indian pharma
 RBI norms may spur digital wallet mergers
 How Indian businesses are evolving M&A strategies
 Deals of the day-Mergers and acquisitions Nov 3, 2017
 Ease of doing business in India remains a major concern: Airtel’s Sunil Mittal
 Mergers and Acquisitions hit by demonetisation, GST roll out

M&A law impact on ongoing mergers to be minimal
November, 10th 2009

The Ministry of Corporate Affairs will ensure that the notification of Sections 5 and 6 of the Competition Act, which pertain to mergers and acquisitions (M&As), will have minimal impact on the ongoing merger or acquisition deals.

The law, once notified, will provide some leeway for the M&A deals that were being worked out prior to the notification of the M&A clauses, Corporate Affairs Secretary R Bandyopadhyay said.

Industry circles have been lobbying with the corporate affairs ministry to take a lenient view of the ongoing M&A deals, as they may not be able to take into consideration the kind of rules that are being envisaged by the government.

The government will announce some mechanism wherein existing mergers and acquisitions, which are inked before the new law comes in place, will not be reviewed on the basis of the rules that will be notified.

The notification of M&A rules has been one of the most contentious issues before the industry. While all other portions of the Competition Act has been notified, the government has delayed these specific clauses to see that they take industry on board while framing the laws.

Speaking to reporters on the sidelines of a conference on Competition Law last week, Corporate Affairs Minister Salman Khurshid said the notification of M&A rules was critical to implementation of the competition rules.

The minister said industry had more to gain than lose from the new provisions.

The notification of M&A provisions is very critical. It is important to understand that the world is moving (in that direction) and we need to move the same way. We are just trying to have a greater consensus, Khurshid said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions