Stone Plant Investments B.V. (Spi)
Case brief
What is this about?
This is a draft information statement regarding a proposed combination involving Stone Plant Investments B.V., Imperial Auto Industries Limited, and SJ Rubber Industries Limited. The document outlines the transaction steps, clarifies the lack of horizontal market overlaps in India, and indicates the proposal is being sought under the Green Channel route.
What the court decided
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.
SUMMARY OF THE PROPOSED COMBINATION
[In terms of Regulations 13 (1A) of the Competition Commission of India (Procedure in
regard to the transaction of business relating to combinations), 2011]
A. Name of the parties to the combination
- The names of the parties to the combination are:
- a. Stone Plant Investments B.V. ( SPI );
- b. Imperial Auto Industries Limited ( IAIL ); and
- c. SJ Rubber Industries Limited ( SJRIL )
- SPI, IAIL and SJRIL are collectively referred to as the Parties .
B. The nature and purpose of the combination
- The Proposed Transaction involves: (a) SPI’s acquisition of 70% of the equity shares of IAIL; and (b) SPI’s acquisition of indirect control over the affairs and management of SJRIL.
Case details
As recorded by the court registry
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