1. Wellington Hadley Harbor Aiv II Master Investors (Cayman) Iii, Ltd.
CCIC-2025/05/1287
What the court decided
AI extract
Issue for consideration
Classification of the proposed combination under Section 5(a)(ii)(B) of the Competition Act, 2002.
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.
¶1
SUMMARY OF THE PROPOSED COMBINATION
¶2
(In terms of Regulation 13(2) of the Competition Commission of India (Combinations) Regulations, 2024)
¶3
- (a) Name of the parties to the combination:
¶4
- (i) Wellington Hadley Harbor AIV II Master Investors (Cayman) III, Ltd (“ Acquirer ”); and
¶5
- (ii) SmartShift Logistics Solution Private Limited (“ Target ”).
¶6
(b) Nature and purpose of the combination:
¶7
- (i) The proposed transaction relates to acquisition of shares and control by the Acquirer in the Target pursuant to:
¶8
- (A) Share Purchase Agreement dated May 2, 2025, with the Target and Peak XV Partners Investments IV (“ Seller 1 ”) for purchase by the Acquirer of various classes of equity securities of the Target from Seller 1;
¶9
- (B) Share Purchase Agreement dated May 2, 2025, with the Target and Lightrock Growth Fund I S.A., SICAV-RAIF (“ Seller 2 ”) for purchase by the Acquirer of various classes of equity securities of the Target from Seller 2;
¶10
- (C) Share Subscription Agreement dated May 2, 2025, with the
Issues for consideration
1 issue framed by the court
AI extract
Classification of the proposed combination under Section 5(a)(ii)(B) of the Competition Act, 2002.
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court