<h1>Regulations for Cross Border Mergers: Inbound and Outbound Mergers Under Foreign Exchange Management Rules, 2017.</h1> The Foreign Exchange Management (Cross Border Merger) Regulations, 2017, established by the Reserve Bank of India, govern mergers, demergers, amalgamations, and arrangements between Indian and foreign companies. These regulations specify conditions for inbound mergers, where a foreign company merges with an Indian company, and outbound mergers, where an Indian company merges with a foreign company. They outline the permissible transactions, asset holdings, and borrowing norms, requiring compliance with existing foreign exchange regulations. Valuation must follow internationally accepted methods, and transactions must be reported to the Reserve Bank. The regulations automatically approve transactions under the Companies Rules, 2016.