Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Cross-Border Merger Rules Restrict Foreign Securities Transfer Without RBI Approval Under Regulation 3 of 2018 Framework</h1> Regulation 3 of the Foreign Exchange Management (Cross Border Merger) Regulations, 2018 prohibits residents in India and outside India from acquiring or transferring securities, debt, or assets related to cross-border mergers without specific permission from the Reserve Bank. Pending cross-border mergers at the regulation's commencement will be governed by these new regulations, ensuring comprehensive oversight of international merger transactions.