Transaction value thresholds determine when acquisitions and mergers trigger combination regulation, with valuation and control definitions clarified. Amendments introduce value based thresholds: a transaction qualifies as a combination if the value of any acquisition, merger, amalgamation or control transfer exceeds the prescribed threshold and the target has substantial business operations in India; prescribed low asset or turnover values in India provide an exclusion. Definitions clarify control, group, auditor certified turnover, inclusive value of transaction, and book value based value of assets, with rules for partial business acquisitions to determine applicable assets, turnover or transaction value.
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Provisions expressly mentioned in the judgment/order text.
Transaction value thresholds determine when acquisitions and mergers trigger combination regulation, with valuation and control definitions clarified.
Amendments introduce value based thresholds: a transaction qualifies as a combination if the value of any acquisition, merger, amalgamation or control transfer exceeds the prescribed threshold and the target has substantial business operations in India; prescribed low asset or turnover values in India provide an exclusion. Definitions clarify control, group, auditor certified turnover, inclusive value of transaction, and book value based value of assets, with rules for partial business acquisitions to determine applicable assets, turnover or transaction value.
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