Overview
Transactions such as acquisitions, mergers, demergers, share sales and fundraising involve financial, tax and regulatory steps that must be sequenced correctly. Transaction advisory supports the financial side from structuring to closing.
Who needs this service
Buyers and sellers of businesses
Companies raising funds
Groups undertaking mergers or demergers
Legal and regulatory framework
- Companies Act, 2013: Sections 230 to 234 (schemes of arrangement) and Section 233 (fast-track mergers)
- Income-tax law on amalgamations and demergers
- FEMA for cross-border deals
Scope of services
Structuring
- Deal structure options and tax impact
- Regulatory approvals required
Execution
- Financial inputs to transaction documents
- Closing accounts and completion mechanics
Post-deal
- Integration of reporting and controls
How the engagement works
- StructureOptions and recommendation.
- Diligence and valuationCoordination with diligence and valuation.
- DocumentationFinancial inputs to agreements.
- ClosingCompletion accounts and filings.
Documents typically required
Financial statementsShareholding and group structureTerm sheet
Key forms and due dates
| Item | Timeline |
|---|---|
| Timeline | As per the transaction |
Deliverables
- Structuring note
- Completion statements
- Filings support
The scope of each engagement is agreed in writing and depends on the nature, size and regulatory requirements of the entity.
Frequently asked questions
What is a fast-track merger?
A simpler merger route under Section 233 for small companies, startups and holding-wholly owned subsidiary mergers, approved by the Regional Director instead of the NCLT.