CCI Exempts an enterprise, whose control, shares, voting rights or assets are being acquired has either assets of the value of not more than rupees three hundred and fifty crores - F. No. 5/33/2007-CS (Part) - Competition Law
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Combination exemption for small target enterprises, temporarily relieving certain acquisitions from merger provisions under notification. Notification exempts enterprises being acquired from section 5 of the Competition Act, 2002 where the target has either assets up to rupees three hundred and fifty crores in India or turnover up to rupees one thousand crores in India; the exemption covers acquisitions of control, shares, voting rights or assets and was granted for five years from publication, and was later rescinded by a subsequent statutory order.
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.
Combination exemption for small target enterprises, temporarily relieving certain acquisitions from merger provisions under notification.
Notification exempts enterprises being acquired from section 5 of the Competition Act, 2002 where the target has either assets up to rupees three hundred and fifty crores in India or turnover up to rupees one thousand crores in India; the exemption covers acquisitions of control, shares, voting rights or assets and was granted for five years from publication, and was later rescinded by a subsequent statutory order.
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