Author: Sandeep Dave Money oils the wheels of commerce. Since the 1970s, high denomination notes of Rs. 500 and Rs. 1000 had become the usual legal tender in India: inflation had virtually made the lower denomination notes “loose change”! The Reserve Bank of India Annual Report 2015-16, noted that a...
Blogs by Cyril Amarchand Mangaldas
The Indian merger control regime is a suspensory one which means that, any acquisition, merger or amalgamation that is notifiable to the Competition Commission of India (CCI) may be consummated only after the CCI grants approval, or until a certain waiting period has lapsed. Section 6(2) of the Comp...
“ Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world. ” – Franklin D. Roosevelt The real estate sector is the backbone of the Indian economy, as it largely c...
In August of 2016, the Competition Commission of India ( CCI ) passed an order in the case of Builder’s Association of India ( 2016 Order ) predominantly re-affirming its earlier order of June 2012 in the same matter ( 2012 Order ). By way of a brief background, the case originated from a complaint ...
Author: Anshuman Sakle and Bharat Budholia The Office of the Director General ( DG ), being the investigative arm of the Competition Commission of India ( CCI ), has conducted two search and seizure operations thus far. The first of these, more popularly known as dawn raids, was on the offices of JC...
On 31 August 2016, the Competition Commission of India ( CCI ) dismissed an information under Section 26(2) filed against M/s ANI Technologies Private Limited ( Ola Cabs ) in the case of Mr. Vilakshan Kr. Yadav and Ors v. M/s ANI Technologies Private Limited [1] alleging abuse of dominance, in contr...
Through this short post, we seek to examine the current downtrend in oil prices, and what it means from an Indian context. As in any downtrend, the intent ought to be to maximise opportunities and isolate effects of any threats and the author accordingly seeks to analyse how these threats may be tur...
On August 11, 2016, the Government of India (GoI) introduced the Maternity Benefit (Amendment) Bill, 2016 ( Bill ) in the Parliament. The Bill was introduced to amend the Maternity Benefit Act, 1961 ( Act ) – the Act, as many may be aware, is the legislation to provide certain benefits to women in t...
Author: Gauri Rasgotra The power of judicial review enables the judiciary to determine the constitutional validity of legislative and/or executive actions, possibly making them subject to invalidation. The power of judicial review by Tribunals was examined and decided by the Supreme Court in S.P. Sa...