The Reserve Bank of India (RBI) proposed a set of regulations regardin – InterviewSolution

InterviewSolution

1.	The Reserve Bank of India (RBI) proposed a set of regulations regarding mergers and acquisitions (M&A). The proposed regulations will be brought under the FEMA rules of
Answer» RBI proposes fresh regulations under Foreign Exchange Management Act-1999 for Cross Border Mergers. The regulation makes reporting of any cross-border activity mandatory within 180 days from the date of sanction called Foreign Exchange Management (Cross-border Mergers) Regulations, the new rules pertain to mergers, demergers, amalgamations and arrangements between domestic and foreign companies.

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