Power and Energy International (Mauritius) Ltd., Republic of Mauritius.
Case brief
What is this about?
The Competition Commission of India approved a combination under Section 31(1) of the Act, finding no appreciable adverse effect on competition after reviewing submissions regarding foreign acquirer presence and non-compete covenants.
What did the court decide?
Approval of the proposed combination under Section 31(1) of the Competition Act, 2002.
What the court decided
Fair Competition For Greater Good
COMPETITION COMMISSION OF INDIA (Combination Registration No.C-2016/06/404)
27.07 . 2016
Notice under Section 6 (2) of the Competition Act, 2002 given by Power and Energy International (Mauritius) Ltd.
CORAM
Devender Kumar Sikri
Chairperson
S. L. Bunker
Member
Sudhir Mital
Member
Augustine Peter
Member
Issues for consideration
2 issues framed by the court
Whether approval was necessary for the proposed acquisition of equity shares by PIL in GEL.
Whether the proposed combination was likely to have an appreciable adverse effect on competition in India.
Parties & counsel
- petitioner
Competition Commission of India
- respondent
Power and Energy International (Mauritius) Ltd
Coram
Devender Kumar Sikri
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court