Published on Accounting and Taxation (https://accountingtaxation.iisuniv.ac.in)

Home > Corporate Restructuring

Corporate Restructuring [1]

Paper Code: 
24BCS513
Credits: 
03
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

This course will enable the students to understand legal procedural and practical aspects of Corporate Restructuring.

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

 

24BCS513

 

Corporate Restructuring (Theory)

CO 1:Explore various types of Corporate Restructuring methods available in India.

CO 2: Analyze the strategies for Merger, Amalgamation, Restructuring and Funding.

CO 3:Formulate and draft schemes for      documentation and accounting of Merger and Amalgamation.

CO 4: Infer the benefits of Regulation of Combinations and various aspects relating to taxation on Corporate restructuring.

CO 5:Evaluate and list the importance of various regulatory authorities and fast track and cross border mergers.

CO 6:Contribute effectively in course – specific interaction.

Approach in

teaching: Interactive Lectures, Discussions, Tutorials, Problem solving sessions, Presentations

 

 

Learning activities for the students: Self-learning assignments, Case Study Analysis, Presentations, Group Discussions

 

Continuous Assessment Test, Semester End Examinations,Quiz, Assignments, Class Presentations, Individual and group projects.

 

Unit I: 
Corporate Restructuring and Acquisition Dynamics

Types of Corporate Restructuring:

  • Key definitions, Compromises, Arrangements,
  • Mergers & Amalgamations; Demergers & Slump Sale, Business Sale;
  • Joint Venture, Strategic Alliance, Reverse Merger Disinvestment;
  • Financial Restructuring (Buy-back, Alteration & Reduction).

Acquisition of Company/ Business:

  • Acquisition of Company; Takeover of Listed Companies
  • (i) Legal Framework
  • (ii)Process & Compliances.

 

9.00
Unit II: 
M&A Strategy: Planning and Execution

Planning &Strategy :

  • Case Studies pertaining to Merger, Amalgamation, Restructuring; Funding for M&A,
  • Studies of Judicial pronouncements;
  • Planning relating to acquisitions & takeovers;
  • Protection of minority interest; Succession Planning;
  • Managing Family Holdings through Trust.

Process of M&A transactions:

  • Key Concepts of M&A; Law & Procedure;
  • M&A Due Diligence; M&A Valuation;
  • M&A Structure finalization;
  • Post transaction integration.

 

9.00
Unit III: 
Documentation and Accounting in Corporate Restructuring

Documentation–Merger &Amalgamation:

  • Drafting of Scheme; Drafting of Notice and Explanatory Statement;
  • Drafting of application & Petition.

Accounting in Corporate Restructuring—Concept and Accounting Treatment:

  • Methods of Accounting for Amalgamations - AS-14/ Ind AS 103;
  • Treatment of Reserves, Goodwill; Pre-Acquisition & Post-Acquisition Profit;
  • Accounting in Books of Transferor and Transferee;
  • Merger and De-Merger;
  • Acquisition of Business and Internal Reconstruction.

 

9.00
Unit IV: 
Regulatory aspects in CR and Combinations

Taxation & Stamp Duty aspects of Corporate Restructuring:

  • Capital Gain; Set-off and carry forward under section 2(14) of Income Tax Act;
  • Deemed Dividend; Payment of Stamp Duty on scheme,
  • payment of stamp duty on movable and immovable properties.

Regulation of Combinations:

  • Regulation of combinations under the competition Act, Kinds of combinations,
  • Exempted combinations, Concept of relevant market and its importance,
  • Determination of combinations and any appreciable adverse effect,
  • Role of CCI.

 

9.00
Unit V: 
Regulatory approvals and Fast Track Mergers

Regulatory approvals of scheme:

  • From CCI, Income Tax, Stock Exchange, SEBI, RBI, RD, ROC, OL
  • Sector Regulators such as IRDA, TRAI, etc.

Fast Track Mergers:

  • Small companies, Holding and wholly owned companies.
  • Cross Border Mergers
Essential Readings: 

Essential Readings:

  1. Study Material Published by ICSI

 

References: 

Suggested Readings:

  1. Scanner- Arun Kumar (Shuchita Prakashans (P)Ltd
  2. CORPORATE RESTRUCTURING (Paperback) by K.R. Chandratre
  3.  Mergers Acquisitions & Corporate Restructuring | Strategies & Practices by Rabi Narayan Kar, [2]Minakshi [3]
  4.  Mergers, Acquisitions, and Corporate Restructuring Paperback by Chandrashekar Krishnamurti [4]

 

E- Content:

Academic Year: 
2024-2025 [7]

Follow Accounting and Taxation on:

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India Phone:- +91-141-2400160-61, 2397906-07, Fax: 2395494, 2781158

Source URL: https://accountingtaxation.iisuniv.ac.in/courses/subjects/corporate-restructuring-3

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/corporate-restructuring-3
[2] https://www.taxmann.com/bookstore/author?authorId=337
[3] https://www.taxmann.com/bookstore/author?authorId=338
[4] https://www.amazon.in/s/ref=dp_byline_sr_book_1?ie=UTF8&field-author=Chandrashekar+Krishnamurti&search-alias=stripbooks
[5] http://www.icsi.edu/media/webmodules/ICSI%20New%20Syllabus%202022.pdf
[6] http://www.icsi.edu/e-journals/
[7] https://accountingtaxation.iisuniv.ac.in/academic-year/2024-2025