In the latest edition of the Competition Law Newsletter, we
cover a review order of the Supreme Court, an order of the Madras
High Court, the National Company Law Appellate Tribunal
(NCLAT) and enforcement and combination orders
published by the Competition Commission of India
(CCI/Commission).
SUPREME COURT INTERPRETS THE POWER OF THE CCI TO INVESTIGATE
COMBINATIONS, AGAIN
In an interesting development, the Supreme Court vide an order
dated 16 May 2025 allowed a Review Petition filed by
the CCI against the Judgement of the Apex Court dated 29 January 2025 in the AGI Greenpac –
INSOC feud over Hindusthan National Glass (covered in our February Newsletter) where it had held that
the approval of a proposed combination by the CCI must be obtained
before the approval of a Resolution Plan by the Committee of
Creditors under Section 31(4) of the Insolvency and Bankruptcy
Code, 2016.
