Disposed
Adani Wilmar Limited, Ahmedabad
CCIC-2018/05/566
Case brief
AI extract
What is this about?
Brief summary of the proposed combination between Adani Wilmar Limited and Ruchi Soya Industries Limited under the Insolvency and Bankruptcy Code, 2016, detailing the area of activity and relevant markets defined.
What the court decided
AI extract
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Summary in terms of Regulation 13(1B) of the Competition Commission of India (Procedure in regard to the Transaction of Business relating to Combinations) Regulations, 2011 (as amended)
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1. Name of the Parties
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- 1.1. The parties to the combination are:
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- (a) Adani Wilmar Limited (“ AWL ”);
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- (b) Ruchi Soya Industries Limited (“ Target ”);
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- and
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AWL and the Target are collectively referred to as the “ Parties ”.
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2. Type of the Combination
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- 2.1. The proposed transaction is being undertaken pursuant to a resolution plan filed by AWL on 2 May 2018 under the Insolvency and Bankruptcy Code, 2016 re the corporate insolvency resolution proceedings initiated against the Target (“ Proposed Transaction ”).The Proposed Transaction falls under Section 5(a) of the Competition Act, 2002.
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3. Area of Activity of the Parties to the combination
Parties & counsel
AI extract
- applicant
Adani Wilmar Limited
- respondent
Ruchi Soya Industries Limited
Case details
As recorded by the court registry
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