University of Mumbai, Maharashtra (Mumbai University), Finance Semester 4, Corporate Restructuring Syllabus

Unit - 1 Corporate Restructuring – Introduction and Concepts ( Only Theory)
• Corporate Restructuring - Historical Background, Meaning of Corporate
Restructuring, Corporate Restructuring as a Business Strategy, Need and Scope
of Corporate Restructuring.
• Planning, Formulation and Execution of Various Restructuring Strategies,
Important Aspects to be considered while Planning or Implementing Corporate
Restructuring Strategies.
• Forms of Restructuring - Merger, Demerger, Reverse merger , Disinvestment ,
Takeover/acquisition, Joint Venture (JV), Strategic Alliance, Franchising and
Slump sale
Unit - 2 Accounting of Internal Reconstruction ( Practical and theory)
• Need for reconstruction and Company Law provisions, Distinction between
internal and external reconstructions
• Methods including alteration of share capital, variation of share-holder rights,
sub division, consolidation, surrender and reissue/cancellation, reduction of
share capital, with relevant legal provisions and accounting treatments for
same.
Unit - 3 Accounting of External Reconstruction (Amalgamation/ Mergers/ Takeovers
and Absorption)( Practical and theory)
• In the nature of merger and purchase with corresponding accounting
treatments of pooling of interests and purchase methods respectively
• Computation and meaning of purchase consideration and Problems based on
purchase method of accounting only.

Unit - 4 Impact of Reorganization on the Company - An Introduction ( Only Theory)
• Change in the Internal Aspects on Reorganization – Change of Name and
Logo, Revised Organization Chart, Communication, Employee Compensation,
Benefits and Welfare Activities, Aligning Company Policies, Aligning
Accounting and Internal Database Management Systems, Re-Visiting Internal
Processes and Re-Allocation of People
• Change in External Aspects on Reorganization - Engagement with Statutory
Authorities, Revised ISO Certification and Similar Other Certifications,
Revisiting past Government approvals, decisions and other contracts.
• Impact of Reorganization - Gain or Loss to Stakeholders, Implementation of
Objectives, Integration of Businesses and Operations, Post Merger Success
and Valuation and Impact on Human and Cultural Aspects.