Corporate Restructuring: A Modern Alternative for a Company’s Survival
Corporate restructuring has become one of the significant factors which play a very important role for a company to keep pace with the changing environment. A strategy of corporate restructuring involves around Mergers, Demergers, Reverse Merger,Disinvestment, Take Overs, Acquisitions, Strategic Alliance etc and while doing this, a company must comply with the complainces under several statutes like The Companies Act, Companies Court Rules, Income Tax Act, Listing Agreement, The Indian Stamp Act, The Competition Act etc and moreover it also requires approvals from various authorities like NCLT, SEBI, Ministry of Corporate Affairs. In this article, the author has tried to explain the concept of corporate restructuring in detail and how it is carried followed by the issues in the process. The author has also relied on some case study of Corporate Restructuring of big Companies like Nokia-Microsoft, Reliance Demerger ad Canon India Restructuring so that the understanding of the subject can be made for the readers.