https://www.taxtmi.com/acts?id=53709 Section 232 of the Companies Act, 2013 is amended in sub-section (3), clause (b), proviso, by inserting the words "on the merger or amalgamation" after the words "or extinguished" occurring at the end. The amendment clarifies the operation of the proviso within the scheme governing merger and amalgamation, by expressly linking the specified words to that corporate restructuring context. en-us Tue, 24 Mar 2026 14:52:01 +0530 Tue, 24 Mar 2026 14:52:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53709 Section 232 of the Companies Act, 2013 is amended in sub-section (3), clause (b), proviso, by inserting the words "on the merger or amalgamation" after the words "or extinguished" occurring at the end. The amendment clarifies the operation of the proviso within the scheme governing merger and amalgamation, by expressly linking the specified words to that corporate restructuring context. Act-Rules Bills Tue, 24 Mar 2026 14:52:01 +0530 https://www.taxtmi.com/acts?id=53709