1. Idfc First Bank Limited 2. Idfc Financial Holding Company Limited 3. Idfc Limited
CCIC-2023/10/1063
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 Transaction
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[In terms of Regulations 13(1A) of the Competition Commission of India
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(Procedure in regard to the transaction of business relating to combinations) Regulations, 2011]
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A. Name of the parties to the transaction
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- The names of the parties to the combination are:
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- a. IDFC FIRST Bank Limited ( IDFC FIRST );
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- b. IDFC Financial Holding Company Limited ( IDFC Holding ); and
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- c. IDFC Limited ( IDFCL ).
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B. Nature and purpose of the transaction
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- The proposed transaction involves the following steps:
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- a. Step 1 : Merger of IDFC Holding into IDFCL, with IDFCL being the surviving entity;
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