CCI notifies revised format of Form II for filing of notice for proposed combinations

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  • Last Updated on 4 April, 2022

CCI Amendment Regulations 2022

NOTIFICATION No. F. No. CCI/CD/Amend/Comb. Regl./2022, Dated 31-03-2022

The CCI has notified the CCI (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2022; substitute the existing form II which is filed for giving notice to CCI for entering into combination. The revised form II is divided into 7 parts. The form itself provides the format for the details to be given w.r.t assets and turnover of the parties to the combination. The revised form captures information in a more structured way.

Discussion Paper on “Review of Redressal and Enforcement Mechanism” dated 31.03. 2022

IBBI has floated a discussion paper to review the existing grievance redressal and enforcement mechanism. Board has proposed 4 amendments in existing mechanism i.e. enlarging the scope of IPAs w.r.t enforcement, examination of a complaint on basis of clarifications and records, Intimation to members of the CoC/AA about outcome of order, revision in timelines of enforcement. Stakeholders can submit their comments in this regard electronically latest by 21st Apr 2022 by visiting the IBBI website.

Click Here To Read The Full Notification

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