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Global Trade Alert

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India: Indian companies allowed to merge with foreign companies

Description

On 13 April 2017, the Indian Ministry of Corporate Affairs notified the Section 234 of the Companies Act, 2013 and published the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

13 Apr 2017

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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