The M&A opportunities in 2018 would remain robust given the fact that lot more assets continue to remain under stress, highlighted the study. Besides, several of the big ticket projects, referred to the NCLT under the Insolvency and Bankruptcy Code would see change in promoters in areas like real estate, steel etc," said ASSOCHAM Secretary General D S Rawat.   

The chamber suggested easing of guidelines and legislative support in the Income Tax Act and the Competition Act. Amendments in the Stamp Act, 1899 to bring uniformity of Stamp Duty in all Indian states particularly to M&A transactions can prove to be a catapult for the future M&A's in India.

END