Transcription of Foreign Exchange Management (Cross Border Merger ...
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Regulatory Insights from India Tax & Regulatory Services Foreign Exchange Management (Cross Border Merger ) regulations , 2018 March 26, 2018 In brief Section 234 of the Companies Act, 2013 (notified with effect from 13 April, 2017) provided for the cross Border Merger of Indian and Foreign companies. Further, Companies (Compromises, Arrangements and Amalgamation) Rules, 2016, as amended by the Companies (Compromises, Arrangements and Amalgamation) Amendment Rules, 2017 (Co. Rules) were issued. Section 234 provides for prior Reserve Bank of India (RBI) approval in case of cross Border Merger .
On 26 April, 2017, the RBI issued draft regulations relating to cross border mergers for comments from the public. The Foreign Exchange Management (Cross Border Merger) Regulations, 2018 have now been ... Relevant FEMA regulations to be complied with 4 post-merger.
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Amendments to Foreign Direct Investment Guidelines, FEMA, Regulations, Relating, EY Regulatory Alert, Federal Emergency Management Agency, FEMA Regulations relating to EXPORTS, IMPORTS, Foreign Exchange Management Act, FEMA Regulations relating to EXPORTS, FEMA Regulations relating to EXPOR TS, FEMA Information, Foreign Exchange Management (Deposit) Regulations, Regulations relating, LAKE COUNTY MONTANA FLOODPLAIN MANAGEMENT, PARK COUNTY FLOODPLAIN HAZARD MANAGEMENT