Budget 2025: Govt to rationalise procedures for speedy company mergers

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Budget 2025: Govt to rationalise procedures for speedy company mergers - Business Standard

Quick Summary:

The government will rationalise the requirements and procedures for speedy approval for merger of companies and the scope for fast track mergers will be widened as part of efforts to further improve the ease of doing business.

The scope for fast-track mergers will also be widened and the process made simpler," Finance Minister Nirmala Sitharaman said in her Budget speech.

Among other steps, the minister said the government will now bring up the Jan Vishwas Bill 2.0 to decriminalise more than 100 provisions in various laws.