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    <description>Cross-border mergers are classified as inbound or outbound, define foreign and resultant companies, and impose compliance with FEMA prohibitions, foreign investment entry routes, pricing, sectoral caps and reporting. Inbound and outbound mergers treat transferred offices as branch offices for applicable foreign-currency and branch-office regulations; guarantees, borrowings and non-permissible assets must conform to foreign borrowing norms or be disposed of within a two-year transition, with valuation and reporting obligations and deemed RBI approval subject to compliance certification.</description>
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