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Law · Q77

Indian Companies Act

Graduate and Post Graduate · Law · question 77

Q77

A foreign company intends to merge with an Indian Company. As per the relevant provision in the Companies (Compromises, Arrangements and Amalgamation) Rules, 2016, it needs to obtain prior approval of

A.
Cabinet Committee on Economic Affairs
B.
Securities and Exchange Board of India
C.
Reserve Bank of India
Answer
D.
Department of Economic Affairs

Answer: Option C

Solution

Answer: Option C
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