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The Ministry of Corporate Affairs (MCA) has notified the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 whereby it has allowed start-up companies to enter into merger and amgamations with another start-up company or one or more start up Cos can enter into merger and amalgamations with small companies. Earlier, small companies or holding co. and WoS or other class of cos. were covered under the Scheme of arrangement.The Ministry of Corporate Affairs (MCA) has notified the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2021 whereby it has allowed start-up companies to enter into merger and amgamations with another start-up company or one or more start up Cos can enter into merger and amalgamations with small companies. Earlier, small companies or holding co. and WoS or other class of cos. were covered under the Scheme of arrangement.taxmann.com Latest Statutory HappeningsRead More