Comment (with reasons) whether a scheme of merger or amalgamation under section 233 of the Companies Act, 2013, may be entered between the following companies vide the recent notification of The Companies (Compromises, A

Comment (with reasons) whether a scheme of merger or amalgamation under section 233 of the Companies Act, 2013, may be entered between the following companies vide the recent notification of The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 (Notification G.S.R. 603(E) dated 4th September, 2025): ABC Private Limited, company recognized by the Department for Promotion for Industry and Internal Trade (DPIIT), incorporated for 5 years, have an annual turnover under ₹51 crore, and work toward innovation or improvement of products/processes with XYZ Private Limited, another company recognized by the Department for Promotion for Industry and Internal Trade (DPIIT), incorporated for 9 years, have an annual turnover under ₹91 crore, and work toward innovation or improvement of products/processes; DEF Private Limited, company recognized by the Department for Promotion for Industry and Internal Trade (DPIIT), incorporated for 9 years 9 months, have an annual turnover under ₹95 crore, and work toward innovation or improvement of products/processes with XYZ Ltd, having paid up capital of ₹4.5 crore & turnover ₹49 crore; QWE Private Limited, unlisted company, with aggregate loans/deposits of ₹151 crore, no default in repayment, with IOP Private Limited, another company without profit motive, designed to promote commerce, art, science, etc. ABC Ltd. (listed & transferor) with its subsidiary company MNP Ltd. (unlisted & transferee); ABC Ltd. (unlisted & transferor) with MNP Ltd. (unlisted & transferee), both are subsidiary of XYZ Ltd.