Regulation of combinations

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..... nation ] ( a ) approval of the proposal relating to merger or amalga mation, referred to in clause ( c ) 2 [ and clause (d) ] of section 5 by the board of directors of the enterprises concerned with such merger or amal gamation, as the case may be; ( b ) execution of any agreement or other document for acqui sition referred to in clause ( a ) 3 [ and clause (d) ] of section 5 or acquiring of control referred to in clause ( b ) of that section. 4 [ Explanation . For the purposes of this sub-section, other document means any document, by whatever name called, conveying an agreement or decision to acquire control, shares, voting rights or assets or if the acquisition is without the consent of the enterprise being acquired, any document execute .....

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..... notice under sub-section (4) and acknowledgement thereof by the Commission, the proposed combination shall be deemed to have been approved by the Commission under sub-section (1) of section 31 and no other approval shall be required under sub-section (2) or sub-section (2A). (6) If within the period referred to in sub-section (1) of section 20, the Commission finds that the combination notified under sub-section (4) does not fulfil the requirements specified under that sub-section or the information or declarations provided are materially incorrect or incomplete, the approval under sub-section (5) shall be void ab initio and the Commission may pass such order as it may deem fit: Provided that no such order shall be passed unless the partie .....

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..... rnative investment fund, pursuant to any covenant of a loan agreement or investment agreement. Explanation. For the purposes of this section, the expression (a) Category I alternative investment fund has the same meaning as assigned to it under the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 made under the Securities and Exchange Board of India Act, 1992 (15 of 1992); (b) foreign portfolio investor has the same meaning as assigned to it under the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019 made under the Securities and Exchange Board of India Act, 1992 (15 of 1992). ] ************** NOTES:- 1. Substituted vide Competition (Amendment) Act, 2023 dated 11-04 .....

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