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of <h1>Foreign and Indian Company Mergers: Rule 25A Requires RBI Approval and Compliance with Companies Act Sections 230-232</h1> Rule 25A of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, governs the merger or amalgamation of foreign companies with Indian companies and vice versa. Such mergers require prior approval from the Reserve Bank of India and compliance with sections 230 to 232 of the Companies Act. Valuation must be conducted by qualified valuers in accordance with international standards. Companies must file applications with the Tribunal and, if applicable, provide a declaration in Form No. CAA-16. Special provisions apply when the transferor is a foreign holding company and the transferee is an Indian subsidiary. Amendments to this rule require consultation with the Reserve Bank of India.
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