Corporate Reconstruction

[Audio] It is a corporate reconstruction presentation prepared by Nishant Tripathi and Rishabh Agrawal and it is submitted to Dr. Vipan Kumar..

[Audio] The topic of presentation is fast track merger .The presensation will cover the definition, procedures and prerequisites document involved in it..

[Audio] Before understanding fast track merger we need to reimagine the concept of merger agreement. ast Track Merger (" FTM") is a new concept that has been introduced in India to facilitate the ease of doing business. Through this, the time and cost required for the merger process have been significantly reduced by the elimination of any court intervention..

[Audio] The companies which are eligible to proceed the fast track merger are small companies and holding and it wholly owned subisidiary companies. Most startups in India are classified as small companies as they will not have a paid-up capital of more than Rs. 10 crores and an annual sales turnover of more than Rs. 20 crores..

[Audio] The procedure involved in fast track merger is depicted through flow chart..

[Audio] The perquisites document are presented though table above..

[Audio] Thank you for listening to the presentation. ..