Fast Track Mergers – What works and what ails

India’s fast-track corporate restructuring framework has expanded significantly through the 2025 amendments, covering more unlisted companies, holding-subsidiary mergers, demergers and inbound reverse flips. Fixed timelines and deemed approvals can reduce restructuring periods to three-four months compared with 12–18 months under the NCLT route. However, stamp duty variations, extensive regulatory queries, high approval thresholds, and inconsistent Regional Director practices remain challenges. The proposed 2026 amendments seek to lower approval thresholds and introduce safeguards for dissenting shareholders, potentially improving efficiency further.

Please click here to read the full article by Rupinder Malik and Harshit Anand, Partners, published in Lexology.