Foreign and Indian Entities can merge with prior approval from RBI

MCA on April 14, 2017 has notified Section 234 of Companies Act, 2013 and issued rules thereunder, thus paving way for merger and amalgamation of a foreign entity with an Indian entity and vice-versa. What is the new Rule 25A about? Mandatory Prior Approval from RBI for a foreign company incorporated outside India, to merge Read more about Foreign and Indian Entities can merge with prior approval from RBI[…]