Fast Track Merger
Merge small companies or a holding company with its wholly owned subsidiary through the fast track route under Section 233 โ without NCLT, using CAA-2016 filing with the ROC and Central Government.
- โก Fast Track Merger
- ๐ Section 233
- ๐ข CAA-2016 Filing
- โ No NCLT Required
- ๐ฌ ROC Approval
Merge companies through the fast track route
Share the company details. We assess eligibility, draft the scheme and file with the ROC and Central Government.
Talk to a CS →A complete fast track merger package
Eligibility Assessment
Confirmation that the merger qualifies under Section 233 โ small companies or holding-subsidiary structure.
Scheme of Merger
Drafting of the merger scheme โ share exchange ratio (if applicable), appointed date and merger terms.
CAA-2016 Notification
Form CAA-2016 filed with the ROC โ notice to shareholders, creditors and the Registrar.
Creditor & Shareholder Approval
90% shareholder approval (by value) and approval of majority of creditors required.
OL Objection Period
30-day window for the Official Liquidator and ROC to raise objections to the scheme.
Central Government Approval
If no objections, Central Government (MCA) confirms the scheme and the merger becomes effective.
What is needed for fast track merger
Section 233 โ Eligible Companies
Fast track merger is available only for mergers between two small companies, or between a holding company and its wholly owned subsidiary.
No NCLT Required
Unlike a regular merger, fast track mergers do not go through NCLT โ the ROC and Central Government approve.
90% Shareholder Approval
At least 90% of the total number of shareholders (by value) must approve the scheme in writing or at a meeting.
Creditor Approval Required
Majority in value of creditors must approve the scheme โ objections can be raised within 30 days.
30-Day Objection Period
After filing, a 30-day window is given for the OL and ROC to file objections โ if none, MCA confirms.
Faster Than Regular Merger
Fast track mergers are typically completed in 3โ5 months โ significantly faster than the regular NCLT route.
Fast track merger is only available for small companies and holding-subsidiary pairs. A small company is one with paid-up capital not exceeding Rs 4 crore AND turnover not exceeding Rs 40 crore. Companies that do not meet this threshold must use the regular Section 230โ232 NCLT route.
Common issues with fast track merger
Simple steps, no surprises
Eligibility confirmed
Both companies verified as small companies or holding-wholly owned subsidiary โ fast track route confirmed.
Scheme drafted and approved
Merger scheme drafted, 90% shareholder approval and creditor approval obtained.
CAA-2016 filed with ROC
Form CAA-2016 filed with the ROC โ 30-day objection period begins.
Central Government confirmation
No objections raised โ MCA confirms the scheme โ merger effective, post-merger filings completed.
Other services you may need
Frequently asked questions
A fast track merger under Section 233 of the Companies Act 2013 is a simplified merger process available for mergers between two small companies, or between a holding company and its wholly owned subsidiary โ without requiring NCLT approval.
A small company is defined as one with paid-up share capital not exceeding Rs 4 crore AND turnover not exceeding Rs 40 crore in the preceding financial year. Both companies in the merger must qualify as small companies, or the merger must be between a holding company and its wholly owned subsidiary.
A fast track merger typically takes 3โ5 months โ significantly faster than a regular merger through NCLT which can take 6โ12 months.
Form CAA-2016 is the application filed with the ROC to initiate the fast track merger process. It includes the scheme of merger, shareholder approval, creditor NOC and financial statements of both companies.
No. Fast track mergers under Section 233 do not require NCLT approval. The scheme is approved by the ROC and confirmed by the Central Government (MCA). The Official Liquidator and the ROC have a 30-day window to raise objections.
Eligible for a fast track merger under Section 233?
We assess eligibility, draft the scheme, file CAA-2016 and handle the complete merger process.