The Government of India revises method of calculation of thresholds for merger control and extends target exemption to mergers and amalgamations

Central government revises method of calculation of thresholds for merger control and extends target exemption to mergers and amalgamations* The Ministry of Corporate Affairs, through a Gazette notification dated March 27, 2017 has modified the method of calculation of assets and turnover for the purposes of filing of notice in cases of acquisition or acquiring control of or merger or amalgamation of a portion of an enterprise or division or business for the purpose of Section 5 of the Competition Act, 2002 (Act), without changing the thresholds of assets or turnover prescribed earlier vide Gazette Notification 674

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  • Vaish Associates, Advocates (New Delhi)

Quotation

Man Mohan Sharma, The Government of India revises method of calculation of thresholds for merger control and extends target exemption to mergers and amalgamations, 27 March 2017, e-Competitions Bulletin March 2017, Art. N° 87636

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