#businessrestructuring

In today’s rapidly evolving business landscape, organizations—whether emerging startups or established corporates—need more than just advice. They need a strategic partner who understands their challenges, goals, and market dynamics. At NAAS, we go beyond traditional consulting to deliver tailored solutions that empower businesses to make informed, transformative decisions.

Who We Are

NAAS is a global business consulting firm committed to providing specialized services to both small enterprises and large corporates. Our focus is on delivering clarity, strategy, and value through a holistic consulting approach. We bring together deep industry expertise and global partnerships to help organizations navigate the complexities of growth and change.

What We Do

Our key service offerings include:

Corporate Advisory

We support businesses with actionable insights and strategic guidance across financial, operational, and structural domains. Our advisory services are designed to strengthen corporate performance while maintaining long-term sustainability.

Fundraising

Capital is the fuel that drives growth. We assist clients in identifying the right funding sources and securing capital efficiently—whether through debt, equity, or other structured financial instruments.

Mergers & Acquisitions (M&A)

From target identification to deal execution, our M&A support ensures seamless processes and optimized value. We help clients navigate negotiations, conduct due diligence, and integrate operations post-transaction.

Business Restructuring & Valuations

In times of transformation or challenge, we provide restructuring solutions that enhance business efficiency and stability. Our valuation expertise ensures that clients understand the true worth of their assets, enabling smarter strategic decisions.

Our Global Network

To ensure precision and quality in every engagement, we have strategically aligned ourselves with seasoned professionals and associates worldwide. This global network amplifies our capability to serve clients across borders—without compromising on our core strengths and localized focus.

A Customized, Client-Centric Approach

At NAAS, we believe no two businesses are alike. We invest time in understanding each client’s unique goals, market position, and operational landscape. This allows us to deliver fully customized analysis and insights that support entrepreneurs and decision makers during critical business moments.

Discover how professional NCLT e-filing assistance and effective IBC settlements before admission can simplify complex legal procedures. Learn how expert guidance helps businesses save time, reduce stress, and achieve favorable resolutions.

When businesses face legal disputes or financial distress, navigating the National Company Law Tribunal (NCLT) procedures often feels overwhelming. Accuracy, timeliness, and compliance with regulations are non-negotiable, especially when preparing petitions, responses, or other filings. Professional NCLT e-filing assistance ensures that companies, creditors, and stakeholders do not get caught in procedural errors that can delay hearings or weaken their case. With a growing shift toward digital filings, businesses need a team that understands the nuances of the electronic submission process while aligning with tribunal requirements. At Hectogon Financial Solutions LLP, our experts provide complete support, from drafting to verification, helping clients present a strong and compliant case without the burden of navigating complexities alone.

An equally important aspect of corporate disputes is financial settlements under the Insolvency and Bankruptcy Code (IBC). For many organizations, resolution is preferable over prolonged litigation. The ability to negotiate IBC settlements before admission often saves time, preserves business relationships, and reduces the cost of extended proceedings. Settling at this stage allows companies and creditors to achieve mutually beneficial outcomes without triggering the lengthy insolvency process. With strategic advisors guiding the discussions, parties can address repayment structures, negotiate terms, and avoid further escalation. This proactive approach not only prevents reputational risks but also keeps businesses focused on recovery and growth.

What makes professional assistance vital is the ability to identify the best course of action for each case. Not every dispute requires a full-scale tribunal battle, and not every debt needs to proceed into insolvency. An informed strategy considers the nature of the claim, the financial health of the parties involved, and the long-term implications of either litigation or settlement. By combining technical expertise in NCLT processes with practical negotiation skills for IBC matters, businesses gain the clarity they need to make confident decisions.

At Hectogon Financial Solutions LLP, we believe in more than just compliance — we believe in solutions that move businesses forward. Whether it is preparing electronic filings that meet tribunal standards or securing favorable pre-admission settlements, our approach is tailored to protect client interests while ensuring efficiency at every step. If your organization is dealing with complex disputes or facing the possibility of insolvency, timely action is critical. Explore how professional support can reduce risks, improve outcomes, and help you focus on long-term stability.

Corporate restructuring often takes place to improve efficiency, unlock value, or streamline business operations. One of the most common methods used by organizations is the demerger of a company. In India, this mechanism allows companies to separate distinct business undertakings into independent entities while ensuring continuity of ownership and management.

What is a Demerger of a Company?

A demerger of a company refers to the transfer of one or more undertakings of an existing company into another company. The objective is to segregate business units that operate in different sectors, require specialized management, or are better positioned as standalone entities.

Key characteristics include:

Transfer of assets and liabilities related to a particular undertaking.

Shareholders of the demerged company receive shares in the resulting company.

Both companies continue to exist post-demerger, unlike amalgamation where they merge into one.

Reasons for Demerger

Companies may pursue a demerger for multiple strategic and financial reasons, such as:

Focus on core business – Management can dedicate resources to the most profitable areas.

Unlocking shareholder value – Independent entities may achieve better valuations.

Attracting investment – Separate businesses may appeal to different investors.

Regulatory or compliance needs – Certain industries require separate entities for compliance.

Process of Demerger of a Company in India

The demerger process under the Companies Act, 2013 and Income Tax Act involves:

Board Approval – Initial proposal and draft scheme of arrangement are approved by the Board of Directors.

Application to NCLT – Petition is filed with the National Company Law Tribunal (NCLT).

Approval from Stakeholders – Creditors and shareholders approve the scheme through meetings.

NCLT Sanction – The Tribunal sanctions the scheme after reviewing objections and compliance.

Filing with ROC – The approved scheme is filed with the Registrar of Companies (ROC).

Transfer of Assets & Liabilities – Assets, liabilities, and employees are transferred to the resulting company as per the scheme.

Tax Implications of Demerger

Under Section 2(19AA) of the Income Tax Act, a demerger enjoys tax neutrality if conditions are met. Key points include:

Transfer of assets is not treated as a transfer for capital gains.

Shareholders of the demerged company are not liable for capital gains tax if shares are allotted proportionately.

Depreciation, accumulated losses, and unabsorbed depreciation of the demerged undertaking are carried forward to the resulting company.

Advantages of Demerger of a Company

Improved management efficiency.

Independent business strategies.

Enhanced investor transparency.

Potential tax benefits if structured correctly.

Challenges to Consider

Lengthy regulatory process involving NCLT, SEBI, and ROC.

High professional and compliance costs.

Risk of shareholder or creditor objections.

Conclusion