Trishikhar Ventures LLP
CCIC-2020/04/739
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 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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- Religare Health Insurance Company Limited (“ Target ”)
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- Trishikhar Ventures LLP (the “ Acquirer ”)
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B. Nature and purpose of the combination
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- Acquisition of up to 18.951%1 (Eighteen point Nine Five One percent) of the equity share capital of the Target by the Acquirer (“ Proposed Combination ”).
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- C. Products, services and business(es) of the parties to the Proposed Combination
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- The Acquirer is a special purpose vehicle set up for the purposes of the Proposed Combination
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- The Target is licensed to carry on General Insurance (Health Insurance) business in India. The Target provides general insurance products relating to health segment, which
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