Jsw Energy Limited, Mumbai, India
Case brief
What is this about?
The Competition Commission of India disposed of a notice filed by JSW Energy Limited and others under Section 6(2) regarding a proposed acquisition scheme. The Commission found no appreciable adverse effect on competition in India.
What did the court decide?
The Commission approved the proposed combination under Section 31(1) of the Competition Act, 2002, notifying under Section 6(2) as not likely to have an appreciable adverse effect on competition.
What the court decided
Fair Competition For Greater Good
COMPETITION COMMISSION OF INDIA
(Combination Registration No. C-2016/08/420)
Dated: 14.09.2016
Notice under Section 6(2) of the Competition Act, 2002 given by JSW Energy Limited
CORAM:
Mr. Devender Kumar Sikri Chairperson
Mr. S. L. Bunker Member
Mr. Sudhir Mital Member
Mr. Augustine Peter Member
Mr. U. C. Nahta Member Dr. M. S. Sahoo Member Mr. G. P. Mittal Member
Legal Representatives of the parties: M/s Cyril Amarchand Mangaldas
Issues for consideration
3 issues framed by the court
Whether the proposed combination of JSWEL, JPVL, BPSL, and Jaypee Group Employees Welfare Trust is likely to have an appreciable adverse effect on competition.
Whether notification of the proposed combination under Section 6(2) of the Competition Act, 2002 is required or prohibited.
Whether the Commission should approve the proposed combination based on the submitted information.
Parties & counsel
- applicant
JSW Energy Limited
- applicant
Jaiprakash Power Ventures Limited
- applicant
Bina Power Supply Limited
- applicant
Jaypee Group Employees Welfare Trust
Coram
Case details
As recorded by the court registry
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