CCI’s swift stance on IBC deals eases timelines concerns post-SC ruling
CCI expeditiously clears insolvency-related mergers, reducing delays post-Supreme Court ruling, ensuring efficiency in resolution process.
Bar & Bench4h
CCI imposes ₹40 lakh penalty on Goldman Sachs for failing to notify Biocon investment
The Competition Commission of India (CCI) recently imposed a penalty of ₹40 lakh on Goldman Sachs (India) Alternative ...
brandequity.economictimes.indiatimes6h
Hindustan Unilever seeks CCI clearance to acquire Minimalist
Hindustan Unilever Ltd (HUL) seeks clearance from the Competition Commission of India to acquire a 90.5% stake in ...
inc426h
HUL Seeks CCI Nod For Minimalist Acquisition
FMCG giant Hindustan Unilever Ltd (HUL) has sought the Competition Commission of India’s (CCI’s) approval for Minimalist ...
Live Law6h
IBC | For Resolution Plan Involving Combination, Prior Approval Of Competition Commission Mandatory Before CoC Examination : Supreme Court
The Supreme Court on January 29, by 2:1 majority, observed that a resolution plan under the Insolvency and Bankruptcy Code, ...
Resolution plans with mergers need CCI clearance before CoC approval: SC
SC rules 2:1 that CCI approval for insolvency resolution plans involving mergers must be obtained before CoC approval, ...
CCI approves Adani Group’s Renew Exim DMCC’s acquisition of majority stake in ITD Cementation
The proposed deal involves Renew Exim DMCC buying approximately 46.64% equivalent to 8,01,13,180 shares of the total issued and voting equity share capital of the ITD Cementation India Ltd.
Bar & Bench11h
CCI dismisses abuse of dominance allegations against IREL
The Competition Commission of India (CCI) has dismissed allegations of abuse of dominance against IREL (India) in the market ...
Supreme Court mandates prior CCI clearance before insolvency resolution approval
Landmark Supreme Court ruling mandates CCI approval for insolvency Resolution Plans involving mergers or acquisitions, emphasizing fair competition.