{"title":"63 Moons NSEL合并:利益相关者的Boon或Bane","authors":"Shernaz Bodhanwala","doi":"10.1142/s0218927519500159","DOIUrl":null,"url":null,"abstract":"The Ministry of Corporate Affairs, Government of India, had ordered the mandatory merger of 63 Moons Technologies Limited (63 Moons) with its crisis struck subsidiary company, National Spot Exchange Limited (NSEL), the electronic commodity spot exchange of India. However, 63 Moons’ board and promoters did not agree with the forced merger order as they believed that they were not at major fault behind the NSEL payment crisis. The case provides an opportunity to participate in the real-world complex decision-making process which involves the forced merger of two entities that may affect the interest of various stakeholders. The case allows examination of the issues such as related party transactions, internal monitoring and control processes, organizational structure and the regulatory framework which led to the payment crisis.","PeriodicalId":40720,"journal":{"name":"Asian Case Research Journal","volume":"23 1","pages":"369-398"},"PeriodicalIF":0.1000,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"63 Moons-NSEL Merger: A Boon or a Bane for the Stakeholders\",\"authors\":\"Shernaz Bodhanwala\",\"doi\":\"10.1142/s0218927519500159\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The Ministry of Corporate Affairs, Government of India, had ordered the mandatory merger of 63 Moons Technologies Limited (63 Moons) with its crisis struck subsidiary company, National Spot Exchange Limited (NSEL), the electronic commodity spot exchange of India. However, 63 Moons’ board and promoters did not agree with the forced merger order as they believed that they were not at major fault behind the NSEL payment crisis. The case provides an opportunity to participate in the real-world complex decision-making process which involves the forced merger of two entities that may affect the interest of various stakeholders. The case allows examination of the issues such as related party transactions, internal monitoring and control processes, organizational structure and the regulatory framework which led to the payment crisis.\",\"PeriodicalId\":40720,\"journal\":{\"name\":\"Asian Case Research Journal\",\"volume\":\"23 1\",\"pages\":\"369-398\"},\"PeriodicalIF\":0.1000,\"publicationDate\":\"2019-12-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Asian Case Research Journal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1142/s0218927519500159\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian Case Research Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1142/s0218927519500159","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}
63 Moons-NSEL Merger: A Boon or a Bane for the Stakeholders
The Ministry of Corporate Affairs, Government of India, had ordered the mandatory merger of 63 Moons Technologies Limited (63 Moons) with its crisis struck subsidiary company, National Spot Exchange Limited (NSEL), the electronic commodity spot exchange of India. However, 63 Moons’ board and promoters did not agree with the forced merger order as they believed that they were not at major fault behind the NSEL payment crisis. The case provides an opportunity to participate in the real-world complex decision-making process which involves the forced merger of two entities that may affect the interest of various stakeholders. The case allows examination of the issues such as related party transactions, internal monitoring and control processes, organizational structure and the regulatory framework which led to the payment crisis.
期刊介绍:
The Asian Case Research Journal"s principal objective is to provide case instructors, whether academics, consultants, or company in-house trainers, a selection of high-quality cases on Asian companies and MNCs operating in Asia-Pacific. These cases, not having been previously published, provide a fresh and topical pool of cases for teaching purposes. The cases are either decisional — that is, requiring some business decision from the reader — or illustrative in nature, such as reasons for a firm"s success. The cases come from various business disciplines including strategic management, marketing, organizational behavior/human resources, operations management, and MIS. All cases have been double blind refereed to ensure quality.