Differentiate between Inbound merger and Outbound merger. What are the laws governing Cross-border mergers in India?

An inbound merger is one where a foreign company merges with an Indian company resulting in an Indian company being formed. An outbound merger is one where an Indian company merges with a foreign company resulting in a foreign company being formed. The following Acts/laws govern cross border mergers in India: Companies Act, 2013 SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Foreign Exchange Management (Cross Border Merger) Regulations, 2018 Competition Act, 2002 Insolvency and Bankruptcy Code, 2016 Income Tax Act, 1961 Department for Promotion of Industry and Internal Trade (DPIIT) Transfer of Property Act, 1882 Indian Stamp Act, 1899 Foreign Exchange Management Act, 1999 (FEMA) IFRS 3 Business Combinations