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.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
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.
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