Law Relating to Corporate Restructuring [Commentry on Compromises, Arrangements, Mergers, Takeovers, Demergers, Amalgamations]

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Description
Incorporating relevant provisions of
*    Companies Act, 2013
*    Listing Regulations, 2015
*    Secretarial Standards
*    Buy Back of Securities
*    Reduction of Capital
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Contents
DIVISION 1
Reference: I:        Table showing list of Sections under Compromise, Arrangement and
                                Amalgamation under Companies Act, 2013 
Referencer II:      Table showing the list of the Rules of Compromise, Arrangement and
                               Amalgamation under Companies Act, 2013  
Referencer III:     Comparative Table of Sections of Compromise, Arrangement and
                               Amalgamation under Companies Act, 2013 and Companies Act, 1956  
Referencer IV:     Comparative Table of Sections of Compromise, Arrangement and
                               Amalgamation under Companies Act, 1956 and Companies Act, 2013   
Referencer V:       Comparative Table of Rules of Compromise, Arrangement and
                               Amalgamation under Companies Act, 2013 and Companies Act, 1956 
                               Companies (Compromises, Arrangements and Amalgamations)
                               Rules, 2016 v Companies (Court) Rules, 1959  
Referencer VI:      Comparative Table of Rules of Compromise, Arrangement and
                               Amalgamation under Companies Act, 1956 and Companies Act, 2013            
                               Companies (Court) Rules, 1959 v Companies (Compromises, Arrangements
                                and Amalgamations) Rules, 2016
Referencer VII:     Table of Comparison — Annotated text of 1956 Act & 2013 Act under
                                Compromise, Arrangement and Amalgamation (Section 230 to Section 234)
Referencer VIII:    Key Highlights of modifications in the Compromise, Arrangement and
                                Amalgamation under the Companies Act, 2013
Referencer IX:       Forms of Compromise, Arrangement and Amalgamation under Companies
                                Act, 2013 National Company Law Tribunal Rules, 2016
                                Companies (Compromises, Arrangements and Amalgamations) Rules, 2016
                                Schedule of Fees
Referencer X:        Comparative Table of Sections of Buy-Back of Securities under Companies
                                Act, 1956 and Companies Act, 2013
Referencer XI:       Table of Comparison Annotated text of 1956 Act & 2013 Act under Buy-back
                                 of Securities
Referencer XII:      Key Highlights of modifications in the Buy-back of Securities under the
                                 Companies Act, 2013
Referencer XIII:     Forms of Buy-Back of Securities under Companies Act, 2013
Referencer XIV:    Comparative Table of Sections of Reduction of share capital under Companies
                                 Act, 1956 and Companies Act, 2013
Referencer XV:     Table of Comparison — Annotated text of Companies Act, 1956 & Companies
                                Act, 2013 under Reduction of share capital
Referencer XVI:    Key Highlights of modifications in the Reduction of share capital under the
                                 Companies Act, 2013
Referencer XVII:    Forms for Reduction of share capital under Companies Act, 2013 — National
                                  Company Law Tribunal (Procedure for reduction of share capital of Company)
                                  Rules, 2016
                                  Schedule of Fees
Referencer XVIII:   Judicial Definitions of certain Terms and Expressions
Referencer XIX:     Comparative Table of Regulation of Securities and Exchange Board of India
                                  (Buy-Back of Securities) Regulations, 2018 and (Buy Back of Securities)
                                  Regulations, 1998
Chapter 1     Compromise and Arrangement Chapter 2 Mergers and Amalgamations
Chapter 2     Mergers and Amalgamations
Chapter 3     Power of Tribunal to Enforce Compromise or Arrangement
Chapter 4     Digest of Selected Case Laws and Circulars
Chapter 5     Fast Track Reconstruction
Chapter 6     Amalgamation of Government Companies
Chapter 7     Cross Border Mergers
Chapter 8     Amalgamation of Section 8 Companies
Chapter 9     Amalgamation or Merger or Division of Producer Companies
Chapter 10    Preservation of Books and Papers of Amalgamated Companies
Chapter 11    Takeover Bid
Chapter 12    Demerger
Chapter 13    Buyback of Securities
Chapter 14    Reduction of Capital
Chapter 15    SEBI Implication on Restructuring
DIVISION 2
Annexures
Statutory Provisions
Annexure A    Compromises. Arrangements and Amalgamations under Companies Act. 2013
Annexure B    Compromises. Arrangements and Amalgamations under Companies Act, 1956
Annexure C    Companies (Compromises, Arrangements and Amalgamations) Rules, 2016
Annexure D    Companies (Court) Rules, 1959
Annexure E    Annotated text of circulars and notifications pertaining to Section 230-240, 390-396A,
                           Buy-back and Reduction of capital
Annexure F    Annotated text of Buy-back of Securities under Companies Act, 2013
Annexure G    Annotated text of Reduction of Capital under Companies Act, 2013
Annexure H    National Company Law Tribunal (Procedure for reduction of share capital of
                          Company) Rules, 2016
Annexure I      Irani Committee
Annexure J      Expert Committee
Annexure K    SEBI (Buy-Back of Securities) Regulations, 2018
Annexure L    Securities and Exchange Board of India (Substantial Acquisition of Shares and
                           Takeovers) Regulations, 2011
Annexure M   Expert Committee for Valuation of Assets
Annexure N    Draft of a Scheme for Compulsory Merger under section 45 of The Banking
                           Regulation Act, 1949
Annexure O    Formats and Sample Resolutions for Scheme of Amalgamation
SUBJECT INDEX
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Author Details
Desikan Balaji Advocate, Madras High Court
Desikan is an Advocate and a corporate law consultant, based out of Chennai. He is an Associate Member of Institute o Company Secretaries of India. He is Qualified Cost Accountant and holding Bachelor's degree in Commerce from University of Madras. He is also an Associate Member of Chartered Institute of Arbitration, United Kingdom and he has qualified the Advanced Arbitration, Belgium. He holds a post-graduation diploma in Intellectual Property Rights from National law School, Bangalore. Currently, he is the managing partner at DB Law Chambers speciallising in Corporate laws, a wide variety of matters including Mergers and Acquisitions, Corporate disputes, Shareholder disputes, winding up cases, oppression and mismanagement cases, corporate restructuring, commercial contracts, labour law management and consulting.
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