https://www.taxtmi.com/acts?id=15669 Cross-border mergers and amalgamations between domestic companies and companies incorporated abroad are governed mutatis mutandis by this Chapter, subject to other laws. The executive may make rules in consultation with monetary authorities. A foreign company may merge into a domestic company or vice versa with prior approval from the monetary regulator, and the merger scheme may provide for shareholder consideration in cash, Depository Receipts, or both. "Foreign company" includes any corporate body incorporated outside the country, regardless of whether it has a local place of business. en-us Thu, 22 Dec 2011 15:26:28 +0530 Thu, 22 Dec 2011 15:26:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15669 Cross-border mergers and amalgamations between domestic companies and companies incorporated abroad are governed mutatis mutandis by this Chapter, subject to other laws. The executive may make rules in consultation with monetary authorities. A foreign company may merge into a domestic company or vice versa with prior approval from the monetary regulator, and the merger scheme may provide for shareholder consideration in cash, Depository Receipts, or both. "Foreign company" includes any corporate body incorporated outside the country, regardless of whether it has a local place of business. Act-Rules Bills Thu, 22 Dec 2011 15:26:28 +0530 https://www.taxtmi.com/acts?id=15669