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The Companies Act, 1956 ruled the Indian Corporate Scenario for over five decades. There was a need of introduction of the strong and progressive corporate laws. Hence, the new Companies Act containing 29 chapters, 470 clauses and 7 schedules was passed in August, 2013. There will be a phased transition from the Companies Act, 1956 to the new legislation. This article analyses the impact of this transition on the Mergers and Acquisitions front of the Indian corporate.

Keywords

Companies Act, 2013; Companies Act, 1956; Mergers and Acquisitions
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