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    <title>2020 (3) TMI 1446 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal annulled the Commission&#039;s order, determining that the Appellant was exempt from the notification requirement under the De Minimis Exemption. The penalty imposed for late notification and pre-clearance closing was found to be unwarranted, as the transaction met the exemption criteria. Consequently, the appeal was upheld, and no costs were awarded.</description>
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      <description>The Tribunal annulled the Commission&#039;s order, determining that the Appellant was exempt from the notification requirement under the De Minimis Exemption. The penalty imposed for late notification and pre-clearance closing was found to be unwarranted, as the transaction met the exemption criteria. Consequently, the appeal was upheld, and no costs were awarded.</description>
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