Search Results for Tag : Merger
Notifications & Circulars
CCI approves proposed merger of Credit Suisse Group AG with UBS Group AG(18.05.2023)
The Competition Commission of India (CCI) approves the proposed merger of Credit Suisse Group AG with UBS Group AG.
The UBS Group AG (UBS) i.....
Tags : Merger, Approval, Businesses
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News
FMC Merges with Sebi, Creating a Unified Regulatory Body(28.09.2015)
FMC (Forward Markets Commission) has been merged with Security Exchange Board of India (Sebi) to create a unified regulatory body.
Tags : FMC,Sebi, merger
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RBI Clears Way for Mergers and Acquisitions in Banking Industry(20.11.2015)
Reserve Bank of India (RBI) has said that it permit promoters/investors to own more than 10% if applicant meets certain conditions including if `it is.....
Tags : Reserve Bank of India, Mergers and Acquisitions in Banking Industry
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Synchronising financial accounting year with calendar year(19.07.2016)
Union Minister of Finance, Aurn Jaitley, stated that a Committee to examine the desirability and feasibility of changing the financial year has been c.....
Tags : financial year, calendar year, nationalised banks, merger
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Lok Sabha Passes Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Bill, 2019(28.11.2019)
Lok Sabha has passed the Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Bill, 2019. The Bill seeks to merge the two union terr.....
Tags : Lok Sabha, Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Bill, 2019
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Sebi Streamlines Norms for Mergers Involving Listed Companies to Increase Public Shareholding to 25%(16.01.2017)
Securities and Exchange Board of India (SEBI) has introduced more checks and balances for Mergers & Acquisition (M&A) involving unlisted companies, un.....
Tags : Securities and Exchange Board of India, Listed-Unlisted Companies, Merger, Public Shareholding
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United India Fire and General Insurance Company Limited (Merger) Amendment Scheme, 2022(13.04.2022)
In exercise of the powers conferred by sub-section (1) and sub-section (6) of section 16 of the General Insurance Business (Nationalisation) Act, 1972.....
Tags : Merger, Amendment, Scheme, 2022
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Bombay High Court Refuses to Stay RBI Scheme for Lakshmi Vilas Bank Merger with DBS Bank(27.11.2020)
Bombay High Court has rejected a prayer for ad-interim stay on Reserve Bank of India's amalgamation scheme for the merger of Lakshmi Vilas Bank with t.....
Tags : Bombay High Court, Lakshmi Vilas Bank Merger with DBS Bank
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Rajasthan High Court Dismisses Petition Against BSP MLAs' Merger with Congress(27.07.2020)
Rajasthan High Court has dismissed Madan Dilawar's Writ Petition questioning the Speaker's inaction on his complaint against the merger of six Bahujan.....
Tags : Rajasthan High Court, BSP MLAs' Merger with Congress
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Delhi HC Approves Merger of PVR Leisure & Lettuce Ent. With PVR Ltd(09.01.2017)
Delhi High Court has approved scheme of amalgamation under which PVR Leisure Ltd and Lettuce Entertain You Ltd would merge with PVR Ltd, their parent .....
Tags : Delhi High Court, PVR Ltd, Merger, Amalgamation
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Hyderabad High Court Stays Absorption of Associate Banks' Officers on SBI Merger(17.04.2017)
Hyderabad High Court, slamming brakes on State Bank of India (SBI)'s merger with five of its subsidiary banks and its 'hasty' efforts to assimilate of.....
Tags : Hyderabad High Court, SBI Merger
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Bombay HC Extends Stay on FTIL-NSEL Merger(17.02.2016)
Bombay High Court has extended stay to the implementation of merger between National Spot Exchange (NSEL) and Financial Technologies India (FTIL) til.....
Tags : Bombay High Court , FTIL-NSEL Merger
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MRTP/ COMPETITION LAWS - CCI Gives Green Signal to Radiant Life Care-Max Healthcare Merger(14.03.2019)
Competition Commission of India (CCI) has cleared purposed deal between KKR-backed Radiant Life Care and Max Healthcare.
Tags : Competition Commission of India, CCI, Radiant Life Care-Max Healthcare Merger,
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SC Issues Notice on Plea Challenging Merger of Rajasthan Legislature Wing with Congress(08.01.2021)
Supreme Court has issued a notice to the Rajasthan assembly speaker and six ex-BSP Members of Legislative Assembly seeking their response on a Petitio.....
Tags : Supreme Court, Merger of Rajasthan Legislature Wing with Congress
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CCI Amends Merger & Acquisitions Approval Regulations(12.10.2018)
Competition Commission of India (CCI) has amended its Merger & Acquisition regulations to make it easier for corporations to secure approvals for merg.....
Tags : CCI, Merger & Acquisition Regulations
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RBI proposes fresh Regulations under Foreign Exchange Management Act, 1999 for Cross Border Mergers: Invites comments from stakeholders(26.04.2017)
The Reserve Bank today has placed on its website the draft guidelines proposed to be issued on cross border merger transactions pursuant to the Rules .....
Tags : Cross Border, Mergers, Regulations, Proposal
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Government Notifies Provisions Permitting Inbound Merger & Outbound Merger in India(20.04.2017)
Government has notified Section 234 of Companies Act 2013 (2013 Act) which permits cross border mergers with effect from 13 April 2017 paving way for .....
Tags : Central Government, Inbound Merger, Outbound Merger
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SC Dismisses Plea Challenging BSP-Congress Merger as Infructuous After Rajasthan HC Decision(24.08.2020)
Supreme Court has dismissed the case pertaining to the plea challenging Rajasthan High Court's refusal to stay Rajasthan Speaker Dr. CP Joshi's decisi.....
Tags : Supreme Court, BSP-Congress Merger
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CCI approves demerger of the Textiles Business of GHCL Ltd. ("GHCL") into its wholly owned subsidiary GHCL Textiles Limited ("GHCL Textiles")(29.09.2020)
The Competition Commission of India (CCI) approved demerger of the Textiles Business of GHCL Ltd. ("GHCL") into its wholly owned subsidiary GHCL Texti.....
Tags : Approval, Demerger, GHCL
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International Cases
Merger approval is a "once off' affair(02.10.2017)
Effects of an acquisition of control are considered, when approval of merger is sought and obtained and cannot be revisited once it has been determine.....
Tags : Merger, Declaratory relief, Grant, Jurisdiction
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Merger of Forward Markets Commission with SEBI formalised(28.09.2015)
Union Finance Minister formalised the merger of the Forward Markets Commission (FMC) with the Securities and Exchange Board of India (SEBI). The merge.....
Tags : Fmc, sebi, merger,
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Allahabad HC: Government Cannot Effect Merger of Feeding Cadre to Higher Cadre(22.10.2020)
Allahabad High Court has held that the Government cannot effect the merger of the feeding cadre to the higher cadre if not envisaged under the Service.....
Tags : Allahabad High Court, Merger of Feeding Cadre to Higher Cadre
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Merger is pro-competitive as it reduces an opportunity for rivals to meet in a joint venture(06.03.2017)
In facts of present matter, on 22nd February 2017, Competition Tribunal unconditionally approved large merger between Boundlesstrade and the AA Group......
Tags : Merger, Competition, Prevention
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National Company Law Tribunal, Chandigarh Approves HUL-GSK Merger(27.02.2020)
National Company Law Tribunal, Chandigarh has approved the merger of GlaxoSmithKline (GSK) Consumer with Hindustan Unilever (HUL).
Tags : National Company Law Tribunal, HUL-GSK Merger
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SC: No Stay on BSP-Congress Merger; Any Transaction on Floor of House Subject to Court Orders(14.08.2020)
Supreme Court has declined the plea to stay the Speaker's decision to stay the merger of BSP Members of Legislative Assembly of Rajasthan assembly wit.....
Tags : Supreme Court, BSP-Congress Merger
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Merger is pro-competitive as it reduces an opportunity for rivals to meet in a joint venture(06.03.2017)
In facts of present matter, on 22nd February 2017, Competition Tribunal unconditionally approved large merger between Boundlesstrade and the AA Group......
Tags : Merger, Competition, Prevention
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CESTAT, Ahmedabad: Base Oil SN50 Cannot be Classified as High Speed Diesel(05.10.2021)
Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Ahmedabad, while setting aside the redemption fine and penalties imposed on Rajkamal Ind.....
Tags : AP HC Directs Government Not to Coerce Unwilling Aided Schools to Accept Merger Offer
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SC Upholds Amazon Plea Against Merger of Future Retail and Reliance Retail(06.08.2021)
Supreme Court has upheld e-commerce giant Amazon's plea against the Rs 24,731-crore merger of Future Retail Ltd (FRL) with Reliance Retail. The Court .....
Tags : Supreme Court, Merger of Future Retail and Reliance Retail
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Rajasthan HC Sets Aside Speaker's Rejection of Disqualification Petition Against 6 BSP MLAs(25.08.2020)
Rajasthan High Court has set aside the order of the Speaker which rejected the Petition submitted by Bhratiya Janta Party Member of Legislative Assemb.....
Tags : Rajasthan High Court, BSP-Congress Merger
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NCLT Directs Indiabulls Real Estate to Discuss Embassy Merger with Shareholders(27.12.2021)
National Company Law Tribunal (NCLT) has directed realty developer Indiabulls Real Estate to convene a meeting of its shareholders to discuss and seek.....
Tags : National Company Law Tribunal, Merger of Indiabulls with Embassy Group
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