Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT RATES :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: due date for vat payment :: empanelment :: form 3cd :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4%
 
 
« Mergers and Acquisitions »
 Mergers, acquisitions and consolidation are driving the 3PL industrya
 How Mergers & Acquisitions Could Boost
 Preparing for International Mergers and Acquisitions
 Merger control regime: CCI sharing concerns at early stages would reduce trust deficit
  Deals of the day-Mergers and acquisitions
 Oil companies’ mergers: Indian Oil Corporation chairman B Ashok says ‘Worthwhile to look at the possibilities
 It's complicated: Regulatory hurdles that Vodafone-Idea merger could face
 China FX head Pan Gongsheng says overseas mergers and acquisitions like ‘a rose with thorns’
 Technology drove Michigan's mergers and acquisitions in 2016
  Pharmaceutical Mergers And Acquisitions – M&A In The Biopharmaceutical Industry And The Impact On Innovation
 Road ahead for Indian M&A seems brightly lit: PwC report

Govt may take more time to notify M&A norms
October, 23rd 2009

The Government may take at least six months more to notify the crucial provisions of the Competition Act that would empower the Competition Commission of India (CCI) to scrutinise high value mergers and acquisitions.

**At present, the CCI does not have enough staff and expertise to handle mergers and acquisition issues. It is only when the hiring process is complete, the Government will notify the provisions ... and that may take six months or more, a senior Corpor ate Affairs Ministry official said.

Although the Government has operationalised several provisions of the Competition Act, it has yet notify Sections 5 and 6 which mandate companies beyond a certain turnover threshold to seek the CCIs go ahead.

The Government is holding consultations with the industry and other stakeholders on sections relating to mergers and acquisitions, the official said, adding these are crucial provisions and need extensive deliberations.

After notification of the Sections 5 and 6 of the Act, all mergers which would increase the combined assets of the merging entities to more than Rs 1,000 crore or raise the turnover to Rs 3,000 crore, would require the CCIs approval. PTI

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions