In the modern market scenario and increasing levels of
competition, business entities are required to undergo change in
their corporate structures. This often results in the joining of
different corporates in the form of joint venture, mergers or
acquisitions.
Regulatory guidelines
The smooth functioning of the changed corporate structure where
entities have come together is administered under the provisions of
the conditions, are set forth between the parties in the terms of
the agreement or memorandum of understanding agreed between
them.
Competition framework
In order to assure that the collaboration does not adversely
impact the fair competition within the country, the regulatory body
- Competition Commission of India (also referred to as
"CCI") has introduced the Competition Commission of India
(Procedure in regard to the transaction of business relating to
combinations) Regulations, 2011 (hereinafter referred to as the
"Regulations"). These Regulations
