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  • Writer's pictureSujoy Bhatia

Filing with RoC after approval of a scheme of arrangement: Aspects to consider

A scheme of arrangement under Sections 230 to 232 of the Companies Act, 2013 is a commonly used legal structure for the acquisition of a business undertaking. A Scheme is preferred over a business transfer agreement due to certain advantages such as ease in obtaining regulatory approvals and stamp duty benefits.

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