Question
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: Option B
Was this answer helpful ?
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 the Foreign Exchange Management (Cross-border Mergers) Regulations, the new rules pertain to mergers, demergers, amalgamations
and arrangements between domestic and foreign companies.
Was this answer helpful ?
More Questions on This Topic :
Latest Videos
Latest Test Papers
Submit Solution