Combination thresholds expanded, adding filing criteria, voting rights, valuation and publication requirements under competition law reforms. Amendment of Section 63 adds requirements to subsection (2): asset or turnover valuation of acquired enterprises in India; voting rights threshold above twenty six percent under the Explanation to section 5; criteria of combinations under section 6 subsections (4) and (7); and the form of publication of guidelines under subsection (5) of section 64B, with existing clause (a) re lettered as clause (ae).
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Combination thresholds expanded, adding filing criteria, voting rights, valuation and publication requirements under competition law reforms.
Amendment of Section 63 adds requirements to subsection (2): asset or turnover valuation of acquired enterprises in India; voting rights threshold above twenty six percent under the Explanation to section 5; criteria of combinations under section 6 subsections (4) and (7); and the form of publication of guidelines under subsection (5) of section 64B, with existing clause (a) re lettered as clause (ae).
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