Bcp v. Multiple Holdings Pte. Ltd.
CCIC-2020/03/730
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.
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Summary of the Proposed Combination
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[In terms of Regulations 13(1A) 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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A. Name of the parties to the combination
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- The names of the parties to the Combination are:
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- (a) BCP V Multiple Holdings Pte. Ltd. ( BCP ); and
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- (b) IndoStar Capital Finance Limited ( IndoStar );
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- BCP and IndoStar are collectively referred to as ' Parties '.
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B. Nature and purpose of the combination
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- The proposed transaction relates to the acquisition of up to 40% of the issued and paid-up equity share capital of IndoStar on a fully diluted basis by BCP and consists of the following steps:
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- (a) Acquisition of equity shares of IndoStar, pursuant to an open-offer to be made by BCP to the public shareholders under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011; ( Step 1 )
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