Reliance Aerostructure Limited and Thales India Private Limited
Case brief
What is this about?
The Competition Commission of India issued an order approving a proposed joint venture between Reliance Aerostructure Limited and Thales India Private Limited under Section 31(1) of the Competition Act, 2002 after finding no appreciable adverse effect on competition.
What did the court decide?
The proposed combination is approved under sub-section (1) of Section 31 of the Competition Act, 2002.
What the court decided
COMPETITION COMMISSION OF INDIA
(Combination Registration No. C-2017/12/541)
09.02.2018
Notice under Section 6 (2) of the Competition Act, 2002 jointly given by Reliance Aerostructure Limited and Thales India Private Limited
CORAM:
Mr. Devendra Kumar Sikri Chairperson Mr. Sudhir Mital Member Augustine Peter Member Mr. U. C. Nahta Member Mr. G. P. Mittal Member
Legal Representatives of the parties to the combination: Khaitan & Co., LLP
Order under Section 31(1) of the Competition Act, 2002
- On 27.12.2017, the Competition Commission of India (“ Commission ”) received a notice jointly given by Reliance Aerostructure Limited (“ Reliance Aero ”) and Thales India Private Limited (“ TIPL ”), under sub-section (2) of Section 6 of the Competition Act, 2002 (“ Act ”). The notice was filed pursuant to execution of Shareholder’s Agreement dated 28.11.2017 between Reliance Aero and TIPL (hereinafter, Reliance Aero and TIPL are collectively referred to as “ Parties ”).
Issues for consideration
2 issues framed by the court
Whether the proposed joint venture combination between Reliance Aero and Thales (through TIPL) was likely to have an appreciable adverse effect on competition.
Whether the proposed combination under Section 6(2) of the Competition Act, 2002 should be approved.
Parties & counsel
- petitioner
Competition Commission of India
- respondent
Reliance Aerostructure Limited
- respondent
Thales India Private Limited
Coram
Case details
As recorded by the court registry
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