As every individual is working towards a similar goal during a mergers and acquisition, closing procedures are mutually performed by the parties involved. Closing procedure includes of the finalization of all the documents, approvals and conditions as required by the transaction. In mergers and acquisitions closing is mostly done through the transfer of the ownership rights in the form of the shares of the company. Closing procedures need be performed as soon as possible, since the transacting documents of the transaction will come into effect only upon their completion. There are several regulatory compliances that need to be performed in order to validate the transaction. These compliances must be performed in accordance to the governing law of the business enterprise such as the Companies Act, 2013. Board resolutions and valuation reports are some of the documents that will be required as part of the closing procedure.