https://www.taxtmi.com/caselaws?id=468978 A combination notice must disclose the true substance of all inter-connected steps and material documents, and incomplete disclosure of a transaction's real commercial purpose may amount to suppression or misrepresentation. On that basis, the competition regulator's finding of false disclosure and non-notification was sustained, along with the direction to file a fresh Form II and keep the earlier approval in abeyance. The one-year limitation argument was rejected because the matter was treated as incomplete notification rather than a properly notified combination. Stakeholder appeals were also held maintainable because competition proceedings are proceedings in rem and the expression "person aggrieved" was construed broadly. en-us Mon, 13 Jun 2022 00:00:00 +0530 Wed, 27 May 2026 18:32:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468978 A combination notice must disclose the true substance of all inter-connected steps and material documents, and incomplete disclosure of a transaction's real commercial purpose may amount to suppression or misrepresentation. On that basis, the competition regulator's finding of false disclosure and non-notification was sustained, along with the direction to file a fresh Form II and keep the earlier approval in abeyance. The one-year limitation argument was rejected because the matter was treated as incomplete notification rather than a properly notified combination. Stakeholder appeals were also held maintainable because competition proceedings are proceedings in rem and the expression "person aggrieved" was construed broadly. Case-Laws Law of Competition Mon, 13 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468978