Merging Across Borders: Following The Fema Rules In India

Dipesh Nassa, Narsee Monjee Institute of Management Studies

ABSTRACT

This article explains the legal steps for Indian companies merging with foreign companies, outlining different regulations based on whether the Indian company remains in control or the foreign company takes over. It covers aspects like share ownership rules, managing offices and property in both countries, handling debt, and deadlines for selling any assets that can't be legally owned by the new company. Following these guidelines ensures a smooth merger process and compliance with regulations.