Rule 25A - Merger or amalgamation of a foreign company with a Company and vice versa

Cross-border merger rules require RBI approval and certified valuation compliance before Tribunal or Central Government filings.

Rule 25A requires prior Reserve Bank of India approval and compliance with sections 230-232 for mergers between foreign and Indian companies; mergers with foreign companies from specified jurisdictions additionally require transferee-conducted valuation by recognised jurisdictional valuers following international principles and a related declaration. Applications to the Tribunal are to follow after obtaining these approvals, with Form CAA-16 required for entities from countries sharing a land border, and special provisions for mergers where an overseas holding company merges into its wholly owned Indian subsidiary requiring section 233 compliance and Central Government application.