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Government Unveils Draft Rules To Exempt Select Combinations From CCI Approval

As per the draft rules, shares acquired in the ordinary course of business will be exempt.

Varun Gakhar

Image used for representational purpose. Ravneet Kaur, chairperson of the Competition Commission of India. (Photo: Vijay Sartape/NDTV Profit)

The Ministry of Corporate Affairs notified on Monday the draft criterion for exempting certain classes of combinations—such as acquisitions, mergers, and amalgamations—from approval of the Competition Commission of India.

Also Read: Government Introduces Draft De Minimis Rules For Business Deals

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WRITTEN BY
Varun Gakhar
Varun Gakhar is a legal journalist at NDTV Profit. He obtained his degree i... more
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