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India Ministry of Corporate Affairs Issues Notification on Commencement of Inbound and Outbound Merger Provisions under Companies Act, 2013

|Approved Changes|India
India

The Indian Ministry of Corporate Affairs has issued a Notification effective 13 April 2017 on the commencement of the provisions of section 234 of the Companies Act, 2013 regarding the merger or amalgamation between an Indian company registered under the Act and a foreign company, and vice versa. The Ministry also issued the Companies (Compromise, Arrangements and Amalgamation) Amendment Rules, 2017, which inserts Rule 25A and Annexure B in the Companies (Compromise, Arrangements and Amalga…

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