MANU/DCAF/0097/2011

Ministry : Ministry of Corporate Affairs

Notification No. : 1-1/Combination Regulations/2011-12/CD/CCI

 

Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011

(No.3 of 2011)

In exercise of the powers conferred by sub-section (1) and clauses (b), (c) and (f) of sub-section (2) of section 64 read with sub-sections (2) and (5) of section 6 of the Competition Act, 2002 ( 12 of 2003), the Competition Commission of India hereby makes the following regulations, namely:

1. Short title and commencement.

(1) These regulations may be called the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011.

(2) They shall come into force on 1st day of June, 2011.

2. Definitions.

(1) In these regulations, unless the context otherwise requires:

(a) Act means the Competition Act, 2002 (12 of 2003) as amended from time to time;

(b) Combination means and includes combination as described in section 5 of the Act and any reference to combination in these regulations shall mean a proposed combination or the combined entity, if the combination has come into effect, as the case may be;

(c) Commission means the Competition Commission of India established under subsection (1) of section 7 of the Act;

(d) Director General means the Director General appointed under sub-section (1) of section 16 of the Act and includes any Additional, Joint, Deputy or Assistant Directors General appointed under the said section;

(e) Enterprise shall mean enterprise as defined in clause (h) of section 2 of the Act;

(f) Parties to the combination means persons or enterprises entering into the combination and shall include the combined entity if the combination has come into effect;