Page 59 - Combined Brochure.cdr
P. 59

Corporate Affairs




                =  1 day to incorporate a company - Central Registra on Centre for name
                   reserva on & incorpora on

                =  Integrated Incorpora on Form
                =  Shi ing of 16 offence sec ons to monetary penalty only

                =  Faster & easier approvals for mergers and acquisi ons

                =  Modifica ons in provisions for Differen al Vo ng Rights
                =  Withdrawal of over 14,000 prosecu ons under Companies Act

                =  Robust IBC framework with amendments suppor ng MSMEs and home buyers
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                •


                Merger of Public Sector Banks



                =  Transforms PSB landscape with consolida on of ten PSBs into four viz, Punjab
                   Na onal Bank, Canara Bank, Union Bank of India, Indian Bank

                =  Amalgama ons to enable crea on of digitally driven consolidated banks with
                   global he  and business synergies







                Disinvestment and



                Priva za on




                =  Strategic disinvestment in select CPSEs - Bharat Petroleum Corpora on Limited,
                   Shipping Corpora on of India, CONCOR, Tehri Hydro Development Corpora on
                   India Limited, North Eastern Electric Power Corpora on Limited, Minerals &
                   Metals Trading Corpora on Limited, Na onal Mineral Development Corpora on,
                   MECON and Neelachal Ispat Nigam Limited approved.
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