Merger and amalgamation are strategic processes where two or more companies combine to form a single entity, aiming to enhance business efficiency, market share, and competitiveness. The process begins with a proposal approved by the boards of directors of the involved companies. A detailed scheme of amalgamation is prepared, outlining the terms and conditions.

The scheme is then presented to the shareholders and creditors for approval, typically through a general meeting. After obtaining their consent, the companies file applications with the National Company Law Tribunal (NCLT) for sanction. The NCLT examines the scheme and, if satisfied, grants its approval.

Once the NCLT approval is received, the companies file the certified copies of the order with the Registrar of Companies (ROC), and the merger becomes effective. The combined entity updates its legal and financial records, integrates operations, and informs all stakeholders. This process helps achieve synergies, reduce costs, and expand the business footprint, driving long-term growth and sustainability.