https://www.taxtmi.com/news?id=17943 These Regulations set a framework for cross border mergers between Indian and foreign companies, prohibiting cross border transfers of securities, debts or assets except as permitted or with Reserve Bank permission. Inbound and outbound mergers are governed by specific conditions on securities issuance, treatment of borrowings under foreign borrowing norms, permissible asset holdings, and a mandatory 180 day sale and repatriation rule for impermissible assets. Valuation must follow internationally accepted arm's length methods certified by an authorized professional, and all merger transactions and prescribed reports must be submitted to the Reserve Bank. en-us Wed, 26 Apr 2017 17:56:56 +0530 Wed, 26 Apr 2017 17:56:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17943 These Regulations set a framework for cross border mergers between Indian and foreign companies, prohibiting cross border transfers of securities, debts or assets except as permitted or with Reserve Bank permission. Inbound and outbound mergers are governed by specific conditions on securities issuance, treatment of borrowings under foreign borrowing norms, permissible asset holdings, and a mandatory 180 day sale and repatriation rule for impermissible assets. Valuation must follow internationally accepted arm's length methods certified by an authorized professional, and all merger transactions and prescribed reports must be submitted to the Reserve Bank. News - Wed, 26 Apr 2017 17:56:56 +0530 https://www.taxtmi.com/news?id=17943