Corporate and M&A

Contact: Piyush Gupta; Kochhar & Co. (India)

The Competition Commission of India (“CCI”) has amended the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 (Combination Regulations). A notification in respect was issued by the CCI on March 28, 2014.

Whilst the latest amendment has various interesting changes from a practical and commercial perspective, the biggest and most important amendment that the notification specifies is the fact that the CCI has tightened its rules to ensure that companies do not escape its scrutiny through innovative structuring of mergers and acquisitions.

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