Fast Track Merger of BT Global Business Services Private Limited with BT e-Serv (India) Private Limited

  • Deal
  • April 17, 2024

JSA advised BT e-Serv (India) Private Limited in merger with its wholly owned subsidiary, BT Global Business Services Private Limited under the fast track route, pursuant to a scheme of arrangement under Section 233 of the Companies Act, 2013. Post the merger, BT e-Serv (India) Private Limited is the surviving entity. As part of the transaction, JSA provided end-to-end assistance in the process of merger before the Regional Director, Northern Region, including drafting of scheme of merger, filing of merger application, making submissions/arguments to the Regional Director, Northern Region and multiple regulatory authorities from time to time.

The surviving entity, BT e-Serv (India) Private Limited, is engaged in the business of providing IT enabled services including data management, information processing, commercial support, customer management, back office data entry support and other related services to BT Group Plc, ultimate holding company.

Our Transaction Team Comprised Lead Partner – Manvinder Singh, Associate – Adarsh Raj Singh, Parnik Saxena and Ayush Negi.