Cross-border merger restrictions govern resident and non-resident asset transfers, subject to statutory provisions and general or special permission. Cross-border mergers restrict residents in India from acquiring or transferring securities, debt or assets outside India, and non-residents from acquiring ... Summary
Cross-border merger restrictions govern resident and non-resident asset transfers, subject to statutory provisions and general or special permission.
Cross-border mergers restrict residents in India from acquiring or transferring securities, debt or assets outside India, and non-residents from acquiring or transferring such interests in India. Transactions may proceed where permitted under the Act, rules or regulations, or under the Reserve Bank's general or special permission. Cross-border mergers pending before the competent authority on commencement are governed by these Regulations.
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