1. INTRODUCTION
While the entire world is swarmed in critical updates pertaining
to redressal during times of COVID-19; the Competition Commission
of India ("CCI") has issued Revised
Guidance Notes to Form I ("Revised
Notes") to align the earlier guidance notes with the
amended Form I and facilitate parties for filing the notice before
the CCI.
Under the Competition Act, 2002 ("Competition
Act"); the CCI has the mandate to regulate merger,
acquisition, amalgamation, among others (herein referred as
"combinations"). Section 5 and 6 of the
Competition Act regulate combinations and the Competition
Commission of India (Procedure in regard to the transaction of
business relating to combinations) Regulations, 2011
("Combination Regulations") is the principal regulation
governing the notice of combination with the CCI.