Notice given by Aalok Dilip Shanghvi & Others.
Case brief
What is this about?
The Competition Commission of India considered a notice regarding the acquisition of shares in Suzlon Energy Limited. Analyzing market overlap and control structures, the Commission found no significant competition concerns and approved the combination.
What did the court decide?
Approval granted for the proposed combination of Suklon Energy Limited with the Acquirers.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
29.04.2015
Fair Competition For Greater Good
COMPETITION COMMISSION OF INDIA (Combination Registration No. C-2015/03/254)
Notice under Section 6(2) of the Competition Act, 2002 given by
- Aalok Dilip Shanghvi & Others.
Order under Section 31(1) of the Competition Act, 2002
- On 9th March 2015, the Competition Commission of India (hereinafter referred to as the “Commission” ) received a notice under sub-section (2) of Section 6 of the Competition Act, 2002 (“ Act ”) filed by Mr. Aalok D. Shanghvi, Family Investment Pvt. Ltd. (‘ Family Investment’ ), Quality Investment Pvt. Ltd.( ‘Quality Investment’ ), Tejaskiran Pharmachem Industries Pvt. Ltd.( ‘Tejaskiran’ ), Viditi Investment Pvt. Ltd.( ‘Viditi’ ), Virtuous Finance Pvt. Ltd.( ‘Virtuous Finance’ ), Virtuous Share Investments Pvt. Ltd.( ‘Virtuous Share’ ), Ms.Vibha Dilip Shanghvi, Ms.Vidhi Dilip Shanghvi, Mr. Sudhir V. Valia, Ms. Raksha S. Valia, Mr. Vijay M. Parekh, Mr. Paresh M. Parekh, M/s. Sunrise Associates, M/s. Goldenstar Enterprises, M/s. Pioneer Resources, M/s. Expert Vision, Neostar Developers LLP ( ‘Neostar’ ), Real Gold Developers LLP ( ‘Real Gold’ ) and Suraksha Buildwell LLP ( ‘Suraksha’ ) (Hereinafter collectively referred to as ‘ Acquirers ’) regarding proposed acquisition of shares in Suzlon Energy Limited (“ Suzlon ”). (Hereinafter the Acquirers and Suzlon are collectively referred to as “ Parties ”)
Issues for consideration
1 issue framed by the court
Whether the proposed acquisition of shares in Suzlon Energy Limited by the Acquirers is likely to cause an appreciable adverse effect on competition in India.
Parties & counsel
- applicant
Aalok Dilip Shanghvi & Others
Case details
As recorded by the court registry
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