Project Holdings Fourteen (Difc) Limited
Case brief
What is this about?
This document is a notice of combination under the Competition Act. It details the proposed acquisition of JPFL Films by a Brookfield SPV, fits the Green Channel route due to no competition overlaps, and confirms no adverse effect on competition.
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 COMBINATION
Summary under Regulation 13 (1A) of the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 (as amended)
A. Name of the parties to the combination
- The parties to the combination are:
- (a) Project Holdings Fourteen (DIFC) Limited (“ Acquirer” / “Brookfield SPV ”); and
- (b) JPFL Films Private Limited (“ Target ” / “ JPFL Films ”).
B. Nature and purpose of the combination
- The proposed acquisition as set out below is an acquisition within the meaning of Section 5(a) of the Competition Act, 2002
- (a) Jindal Poly Films Limited (“ JPFL ”) and Jindal Films India Limited (“ JFIL ”) propose to transfer their packaging business inter alia consisting of the flexible plastic films manufacturing unit located at Nasik, Maharashtra, together with all the business assets and business assumed liabilities to JPFL’s wholly owned subsidiary i.e., JPFL Films Private Limited (formerly named J. and D. Speciality Films Private Limited) (“ Target ” / “ JPFL Films ”); and
Case details
As recorded by the court registry
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