“Transnational enterprises which means those enterprises which own or control production or severe facility outside the country which they are based” . Therefore, transactions in forms of mergers and amalgamation, that create or assist such Transnational Enterprises, can be understood as Transnational Mergers and Amalgamation. There is no particular law that deals with such transactions, as due to the international presence of the same it becomes really difficult to create a pre estimated legislature regulating the same on a national level. In the paper the researcher shall explore the legal framework surrounding such transactions. And furthermore, explore the concept in hand with the help of various recorded transactions, case studies, namely; Bharti Airtel, Ranbaxy and Jet Airways.
Though we have made tremendous evolution for governing transnational mergers, there is still room for improvement. This improvement will not be as significant of an improvement that the 2013 Companies Act was over the Companies Act 1956, or further it might not be as impact full as the Competition Act 2002 following the Raghavan Committee. However, there are still some needed changes. Such are the changes suggested by the researcher in entirety of this paper.