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India Eases Regulatory Requirements for Reverse Flipping

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Under the previous framework, any merger between a foreign holding company and its Indian subsidiary required National Company Law Tribunal (NCLT) adjudication, which involved extensive documentation and approval procedures. The Amendment Rules have removed the need for NCLT adjudication in the case of reverse flipping, where companies relocate their operations back to India after ini... https://www.corpzo.com/india-eases-regulatory-requirements-for-reverse-flipping

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