An amalgamation is a combination of two or more companies into a new entity.
Amalgamation is distinct from a merger because neither company involved survives as a legal entity. Instead, a
completely new entity is formed to house the combined assets and liabilities of both companies.Amalgamation
typically happens between two or more companies engaged in the same line of business or those that share some
similarity in operations. Companies may combine to diversify their activities or to expand their range of services.
A takeover occurs when one company makes a successful bid to assume control of or acquire another. Takeovers can
be done by purchasing a majority stake in the target firm.
Takeovers are also commonly done through the merger and acquisition process.
In a takeover, the company making the bid is the acquirer and the company it wishes to take control of is called the target.
Mergers and Acquisitions in India are principally governed by the following laws and our lawyers work under them:
- The Companies Act, 2013
- The Companies Act, 2013
- The Indian Contract Act, 1872
- The Specific Relief Act, 1963
- The Income Tax Act, 1961
- The Competition Act, 2002
- The Foreign Exchange Management Act, 1999
- The Securities and Exchange board of India Act, 1992
Testimonials of Our Interns
What are they saying
I've gained much knowledge about all the legal aspects of the project that I've worked on and it was a wonderful experience of learning such new things and putting new ideas to it.
Excellent team work and coordination skill. I got a chance to brush up my speaking skills as well as writing skills. The legal knowledge I gathered will surely help me in my future endeavors.
Unique thing about this internship is performance appraisal.
I was working on the topic 'Silence Zones' and it was quite an in-depth and very vast research, always digging in new folds of law and their implementations
I have done quite a number of internships before but here topics given to us were very practical in nature, somehow related to day to day life. Also no work goes unappreciated and there is so much more than just an internship letter you receive in the end.
The internship eventually changed my path into a right one seriously, this is the first internship I worked during this lockdown. I don't think that research is the important thing to a law student until I experienced it. Also, the mentors who guided me were very polite and humble to us. After this internship I have also published many articles in various blogs, also I trained to write one research paper within 5_6 hours.