Tax Management India. Com
                        Law and Practice: A Digital eBook ...

Latest Cases

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Manuals SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 

TMI Blog

Home List
← Previous Next →

Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2019.

..... regard to the transaction of business relating to combinations) Amendment Regulations, 2019 F.No. CCI/CD/Amend/Comb. Regl./2019.-In exercise of the powers conferred by section 64 of the Competition Act, 2002 (12 of 2003), the Competition Commission of India hereby makes the following regulations further to amend the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011, namely:- 1. Short title and commencement.- (1) These regulations may be called the (2) They shall come into force on the 15th day of August, 2019. 2. In the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011,- (1) after regulation 5, the following regulation shall be inserted, namely:- 5A. Notice for approval of combinations under Green Channel.- (1) For the category of combination mentioned in Schedule III, the parties to such combination may, at their option, give notice in Form I pursuant to regulation 5 along with the declaration specified in Schedule IV. (2) Upon filing of a notice under sub-regulation (1) and acknowledgement thereof, the proposed combination sha .....

X X X X X X X

Full Text of the Document

X X X X X X X

..... tation, if any: Part II: Payment of fee [See clause (a) of Regulation 11] 2. Particulars of fee deposited. Part III: Authorisation regarding communication 3. Name, complete address and contact details of Individual(s) in India who is authorised to receive communication(s) on behalf of the notifying party(ies). Part IV: Meeting the thresholds [See section 5 of the Act] 4. Details of assets and turnover of the parties to the combination in the format given below: Name of the Parties Assets (as on ____) Turnover (for FY______) In India (INR crore) Worldwide In India (INR crore) Worldwide USD (million) INR (crore) USD (million) INR (crore) Party 1 Party 2 Combined 5. Describe the combination by providing information regarding the following: 5.1. Scope of the combination notified pursuant to sub-section (2) of section 6 of the Act (with reference to relevant clause under the agreement(s), as applicable): 5.1.1. Details of acquisition or merger or amalgamation, as the case may be, with reference to relevant clause of section 5; 5.1.2. Any other transaction(s) that is/are inter-connected, in terms of sub-regulation (4) and / or (5) of regulation 9 of these regulations; and 5.1.3. Right(s) .....

X X X X X X X

Full Text of the Document

X X X X X X X

..... the total size of the market for last three years, in terms of value of sales (in rupees) and volume (units); 6.4.3. Sales in value (in rupees) and volume (units) along with an estimate of the market share(s) of each of the parties to the combination (including their relevant group entities), for the last three years; and 6.4.4. Name and contact details of the five largest competitors (along with their market shares for last three years), customers and suppliers. 6.5. Vertical and Complementary Activities : State as to whether any of the parties to the combination and/or their respective group entities, directly or indirectly, are engaged in: any activity relating to the production, supply, distribution, storage, sale and service or trade in products or provision of services which is at different stages or levels of the production chain in which any other party to the combination is involved, considering all plausible alternative(s); and/or any complementary activities: Yes ___No…..___ If the answer is yes, furnish the following information [information shall be furnished for each the plausible alternative relevant market]: 6.5.1. Details of the upstream and downstream activ .....

X X X X X X X

Full Text of the Document

X X X X X X X

..... …..___ Part VIII: Attachments 8. Attach the following documents: 8.1. Authorisation for signing the notice (refer item 1.6 above). 8.2. Acknowledgement for payment of fees to the Commission (refer item 2 above). 8.3. Authorisation for receiving communication (refer item 3 above). 8.4. Annual report of the parties to the combination, for the preceding financial year. 8.5. Summary of the combination in terms of sub-regulation (1A) of regulation 13 of these regulations. 8.6. Chart depicting shareholding/extent of ownership and voting right (if different from ownership pattern) along with details of control, prior to and after the combination, of: (a) the parties to the combination starting from their ultimate parent entity and controlling shareholder(s); and (b) for the enterprises, whose structure, ownership and control will be directly or indirectly affected by the combination. 8.7. Copy of approval or agreement/documents as referred to in sub-section (2) of section 6read with regulation 5 of these regulations. 8.8. Documents, material (including reports, studies, plan, latest version of other documents), etc. considered by and/or presented to the board of directors and/or ke .....

X X X X X X X

Full Text of the Document

X X X X X X X

..... and the approval granted, under regulation 5A, shall be void ab initio. Signed by or on behalf of the notifying party Signature(s) Name (in block letters): Designation: Date: ________________ Note: In case there are more than one notifying party, each party shall file this declaration. . P. K. SINGH, Secy. [Advt.-III/4/Exty./174/19] Note: Principal regulations were published vide notification number F. No. 1-1/ Combination Regulations/2011-12/CD/CCI in the Gazette of India, Extraordinary, Part III, Section 4, dated the 11th May, 2011 and were subsequently amended by,- (a) The Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2012 published vide F. No. 3-1/Amend/Comb.Regl./2012/CD/CCI in the Gazette of India, Extraordinary, Part III, Section 4, dated the 23rd February, 2012; (b) The Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2013 published vide F. No. 3-1/Amend/Comb. Regl./2012/CD/CCI in the Gazette of India, Extraordinary, Part III, Section 4, dated the 4th April, 2013; (c) The Competition Commission of India ( .....

X X X X X X X

Full Text of the Document

X X X X X X X

 

 

← Previous Next →

 

 

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Blog || Site Map - Recent || Site Map ||