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of <h1>CCI Updates 2011 Regulations: New FORM II and FORM IV Enhance Transparency in Business Combinations Under Competition Act, 2002.</h1> The Competition Commission of India (CCI) has issued the 2022 amendment to its regulations concerning the procedure for business transactions related to combinations. Effective from May 1, 2022, these amendments revise the 2011 regulations, specifically updating FORM II and FORM IV. FORM II now requires detailed information about the parties involved in a combination, including legal status, jurisdiction, assets, turnover, and market activities. FORM IV updates address and procedural details. These changes aim to enhance the transparency and efficiency of the regulatory process for business combinations under the Competition Act, 2002.
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