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What is Cross-Border Mergers: RBI Guidelines about?

This document outlines the regulations governing mergers and amalgamations between Indian companies and foreign companies, including the requirement for prior approval from the Reserve Bank of India (RBI). It details the processes for inbound and outbound mergers, including compliance with the Foreign Exchange Management Act (FEMA) and the treatment of securities, foreign offices, and liabilities. The document also specifies conditions for the disposal of non-permissible assets and the management of financi

Author

jssjotsnachalamcharla

Language

EN