https://www.taxtmi.com/news?id=12100 The Government has exempted a banking company notified for amalgamation under the Banking Regulation framework from the application of sections 5 and 6 of the Competition Act, which confer merger-control jurisdiction on the Competition Commission. The exemption removes those merger-control provisions for banks in the specified amalgamation context, and the Global Trust Bank-Oriental Bank of Commerce amalgamation occurred before those Competition Act provisions were in force. en-us Thu, 12 Dec 2013 18:30:49 +0530 Fri, 13 Dec 2013 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12100 The Government has exempted a banking company notified for amalgamation under the Banking Regulation framework from the application of sections 5 and 6 of the Competition Act, which confer merger-control jurisdiction on the Competition Commission. The exemption removes those merger-control provisions for banks in the specified amalgamation context, and the Global Trust Bank-Oriental Bank of Commerce amalgamation occurred before those Competition Act provisions were in force. News - Thu, 12 Dec 2013 18:30:49 +0530 https://www.taxtmi.com/news?id=12100