The Indian Competition Authority takes action against gun-jumping in the financial industry (Alpha / Tata)

1. Introduction 1.1. The Competition Commission of India (CCI), while approving the acquisition of 17.36% post issue equity share capital of Standard Greases & Specialties Private Limited (SGSPL) by Alpha TC Holdings Pte Limited (Alpha TC Holdings) and Tata Capital Growth Fund I (TCGF I), respectively (Alpha TC Holdings and TCGF I are together referred to as the Acquirers) (Transaction), re-iterates it’s interpretation of ‘control’ under the provisions of the Competition Act, 2002 (Competition Act), the principal legislation governing competition law in India, by way of its order dated 9 September 2014 [1]. 2. Transaction 2.1. The Acquirers are engaged in the business of investment. Alpha TC Holdings is an investment holding company incorporated in Singapore, fully held by Tata

L'accès à cet article est réservé aux abonnés

Déjà abonné ? Identifiez-vous

L’accès à cet article est réservé aux abonnés.

Lire gratuitement un article

Vous pouvez lire cet article gratuitement en vous inscrivant.

 

Version PDF

Auteurs

  • Shardul Amarchand Mangaldas (Mumbai)
  • Economic Laws Practice (Mumbai)

Citation

Gauri Chhabra, Suhail Nathani, The Indian Competition Authority takes action against gun-jumping in the financial industry (Alpha / Tata), 9 septembre 2014, e-Competitions September 2014, Art. N° 70821

Visites 300

Tous les numéros

  • Latest News issue 
  • Tous les News issues
  • Latest Special issue 
  • Tous les Special issues