https://www.taxtmi.com/notifications?id=142455 An amendment requires that where a foreign holding company transfers to its Indian wholly owned subsidiary by merger, the parties must obtain prior approval of the Reserve Bank of India; the transferee must comply with Companies Act requirements and apply to the Central Government under the Act with the existing application procedures applying; the prescribed declaration must be made when filing that application. en-us Mon, 09 Sep 2024 00:00:00 +0530 Tue, 10 Sep 2024 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=142455 An amendment requires that where a foreign holding company transfers to its Indian wholly owned subsidiary by merger, the parties must obtain prior approval of the Reserve Bank of India; the transferee must comply with Companies Act requirements and apply to the Central Government under the Act with the existing application procedures applying; the prescribed declaration must be made when filing that application. Notifications Companies Law Mon, 09 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142455