Wednesday, October 10, 2018

Now CCI on request of parties to combination may allow withdrawal and refiling notice for the propos

The Competition Commission of India has notified amendment to the CCI (Procedure in regard to the transaction of business relating to combinations) Regulation, 2011. A new regulation 16A has been inserted whereby the Commission on request of the parties to the combination allow withdrawal and refiling of the notice given under regulation 5 or regulation 8 of the said regulation. Amendment has also been made to the Regulation 5, 9, 14, 16, 25 & 27.

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