# NCLT clears merger of Takata India and KSS Abhishek Safety Systems

The Chennai bench of the National Company Law Tribunal cleared the merger of KSS Abhishek Safety Systems with Takata India, forming Joyson Anand Abhishek Safety Systems as part of a tri-party joint venture.

- Type: Acquisition
- Announced: 2020-05-29
- Where: Chennai, India, India
- Status: completed
- Products: seat belts, airbags, safety systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Anand Group](https://endata.com/companies/39785.md) (partner)
- [Joyson Safety Systems](https://endata.com/companies/39786.md) (partner)
- [Takata India](https://endata.com/companies/47557.md) (acquirer)
- [KSS Abhishek Safety Systems](https://endata.com/companies/47558.md) (target)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/business/india-business/nclt-clears-takata-india-and-kss-abhishek-safety-systems-merger/articleshow/76098651.cms), 2020-05-29: "The new amalgamated entity will now be called Joyson Anand Abhishek Safety Systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.