What is De Minimis exemption under Competition Act, 2002?

    Posted By : Ekta / Published on : 09-Sep-2017 03:29 AM / View : 87 / Comment : 1
    Print button
    Please explain the concept of De Minimis exemption and exemption to 'group' under section 5 of the Competition Act, 2002.
    Read more on : competition under exemption minimis

    • Pursuant to Notification No.S.O.674(E)
      dated March 4, 2016, acquisitions where enterprises whose control, shares, voting rights or
      assets are being acquired have assets of not more than Rs.350 crore in India or turnover of not
      more than Rs.1000 crore in India, are exempt from Section 5 of the Act for a period of 5 years.

      28-09-2017 / 01:30:54 PM
      Reply



Other Queries from Ekta
Founders
Unanswered Queries
Search What's New By Date
What's New on
Like us on Facebook
Follow Us on Twitter
Latest ArticlesSubmit Article

We are always here to help you. Don’t hesitate to contact us anytime!

011-42345111 or ask@compliancecalendar.in