Full merger of two companies: Board approval, NCLT, valuation, share exchange, dissolve transferor
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
Comprehensive due diligence of both companies.
Valuation by registered valuer to determine share exchange ratio.
Boards of both companies approve the merger scheme.
File application with NCLT for directions.
Hold meetings as per NCLT directions. 75% approval required.
NCLT issues order sanctioning the merger.
Issue shares to transferor shareholders as per exchange ratio.
File NCLT order and all merger documents.
Pay applicable stamp duty on the merger.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.