M&A Hotline
June 04, 2008
The surge of Competition

The Competition Commission of India (“CCI”), the apex body vested with the responsibility of enforcing the provisions of the Competition Act, 2002 (“Act”), has, pursuant to the Competition (Amendment) Act, 2007 promulgated a draft of the Competition Commission (Combinations) Regulations (“Regulations”). Since the Regulations seek to govern “combinations” (a term defined under the Act to encompass an acquisition, merger or amalgamation) and provide much awaited clarity on several issues pertaining to combinations in India, we thought that it might be of interest to you to read the following articles authored by Kartik Ganapathy, who heads the M&A Practice at Nishith Desai Associates (“NDA”) and Archana Rajaram, a member in M&A Practice at NDA.

“Curbing competition in India” – Mint, Nov 19, 2007

“Regulating Combinations: Is the leash so tight?” – Economic Times, Feb 22, 2008

 

 -       M&A Practice Team

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

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M&A Hotline

June 04, 2008

The surge of Competition

The Competition Commission of India (“CCI”), the apex body vested with the responsibility of enforcing the provisions of the Competition Act, 2002 (“Act”), has, pursuant to the Competition (Amendment) Act, 2007 promulgated a draft of the Competition Commission (Combinations) Regulations (“Regulations”). Since the Regulations seek to govern “combinations” (a term defined under the Act to encompass an acquisition, merger or amalgamation) and provide much awaited clarity on several issues pertaining to combinations in India, we thought that it might be of interest to you to read the following articles authored by Kartik Ganapathy, who heads the M&A Practice at Nishith Desai Associates (“NDA”) and Archana Rajaram, a member in M&A Practice at NDA.

“Curbing competition in India” – Mint, Nov 19, 2007

“Regulating Combinations: Is the leash so tight?” – Economic Times, Feb 22, 2008

 

 -       M&A Practice Team

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.