mergers and acquisitions: Authorities notifies adjustments in competitors regulation associated to M&As
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The federal government has notified sure adjustments beneath the competitors regulation with respect to mergers and acquisitions which are additionally anticipated to cut back the regulatory burden on the Competitors Fee of India (CCI). Notifications have been issued by the company affairs ministry associated to Part 5 of the competitors regulation. Part 5 pertains to combos.
Vaibhav Choukse, Companion and Head of Competitors Legislation at JSA Advocates and Solicitors, mentioned it is a vital growth regarding M&As within the nation.
“The federal government has elevated the prevailing monetary thresholds as prescribed beneath Part 5 of the Competitors Act by 150 per cent. Additional, the De Minimis or the Small Goal Exemption thresholds have additionally been elevated. That is in keeping with the federal government motto of ease of doing enterprise in India as much less M&A offers would require CCI approval,” he mentioned.
He additionally mentioned the transfer would scale back regulatory burden on the CCI.(Now you can subscribe to our Financial Instances WhatsApp channel)
