The Indian Government exempts regional rural banks from the merger control regime by the Competition Authority for 5 years

Sharma, Man Mohan

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10 Aug 2017

The Indian Government exempts regional rural banks from the merger control regime by the Competition Authority for 5 years

KEYWORDS

Reference

Indian Government, Notification, S.O. 2561(E), 10 August 2017

Regional Rural Banks mergers gets exemption from CCI* The Ministry of Corporate Affairs (MCA) has exempted Regional Rural Banks (RRBs) from the applicability of the merger control regime. The MCA vide a notification dated August 10, 2017 (Notification), stipulates that Sections 5 and 6 of the Competition Act, 2002 (Act), which relate to

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Author

Man Mohan Sharma
Vaish Associates Advocates (New Delhi)

India 263 contributions 40427 visits

Quotation

Man Mohan Sharma, The Indian Government exempts regional rural banks from the merger control regime by the Competition Authority for 5 years, 10 August 2017, e-Competitions August 2017, Art. N° 87519

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