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ARTICLE · 07 NOVEMBER 2012

Merger Control In India - Amended Merger Regulations

JSA Advocates & Solicitors
JSA Advocates & Solicitors
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The amended regulations are stated to have come into effect from 23 February 2012.

IndiaAntitrust/Competition Law
  1. The Competition Commission of India has notified the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2012. The amended regulations are stated to have come into effect from 23 February 2012.
  2. The earlier exemption granted to the holding of not more than 15% of the total shares or voting rights of a company through acquisition in the ordinary course of business, or for investment purposes, not leading to control, has been enhanced to acquisitions up to 25% of the total shares or voting rights. Acquisitions with future conversion provisions will also include the effects of such future conversions in computing the 25% holding.

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