Inbound merger compliance governs foreign securities, overseas borrowings, and offshore assets for the resultant company. In an inbound merger, the resultant company may issue or transfer securities to persons resident outside India in line with foreign investment pricing guidelines, entry routes, sectoral caps, conditions and reporting requirements, with additional compliance where the foreign company is a joint venture or wholly owned subsidiary of an Indian company. Overseas offices of the foreign company are treated as branches or offices of the resultant company, while overseas borrowings and guarantees must conform within two years to the applicable foreign borrowing norms, subject to restrictions on repayment remittances from India and without end-use conditions.
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.
Inbound merger compliance governs foreign securities, overseas borrowings, and offshore assets for the resultant company.
In an inbound merger, the resultant company may issue or transfer securities to persons resident outside India in line with foreign investment pricing guidelines, entry routes, sectoral caps, conditions and reporting requirements, with additional compliance where the foreign company is a joint venture or wholly owned subsidiary of an Indian company. Overseas offices of the foreign company are treated as branches or offices of the resultant company, while overseas borrowings and guarantees must conform within two years to the applicable foreign borrowing norms, subject to restrictions on repayment remittances from India and without end-use conditions.
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