The Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2016 - F.No. CCI/CD/Amend/Comb./Regl./2016 - Competition Law
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Public announcement deemed 'other document' alters combination filing verification and notice validity procedures under Competition Act regulatory framework. Regulations amend combination procedure by removing specified verification language and substituting attestation-style declarations in Forms I-III; deeming SEBI takeover public announcements to be the 'other document' for notification; substituting 'company' for prior board-specific references; deleting inter-dependence language and a prior regulation; clarifying that certain minority acquisitions are treated solely as investment subject to non-participation and non-nomination conditions; and providing that the Commission may hear parties before invalidating a notice and exclude the validity-proceedings period from statutory timelines.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Public announcement deemed 'other document' alters combination filing verification and notice validity procedures under Competition Act regulatory framework.
Regulations amend combination procedure by removing specified verification language and substituting attestation-style declarations in Forms I-III; deeming SEBI takeover public announcements to be the "other document" for notification; substituting "company" for prior board-specific references; deleting inter-dependence language and a prior regulation; clarifying that certain minority acquisitions are treated solely as investment subject to non-participation and non-nomination conditions; and providing that the Commission may hear parties before invalidating a notice and exclude the validity-proceedings period from statutory timelines.
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