Competition Act, 2002

Regulation of combinations.

6. (1) No person or enterprise shall enter into a combination which causes or is likely to cause an appreciable adverse effect on competition within the relevant market in India and such a combination shall be void.

(2) Subject to the provisions contained in sub-section (1), any person or enterprise, who or which proposes to enter into a combination, [shall] give notice to the Commission, in the form as may be specified, and the fee which may be determined, by regulations, disclosing the details of the proposed combination, within [after any of the following, but before consummation of the combination] -

(a)	-	approval of the proposal relating to merger or amalgamation, referred to in clause (c) [and clause (d)] of section 5 by the board of directors of the enterprises concerned with such merger or amalgamation, as the case may be;
(b)	-	execution of any agreement or other document for acquisition referred to in clause (a) [and clause (d)] of section 5 or acquiring of control referred to in clause (b) of that section.

[Explanation.-For the purposes of this sub-section, "other document" means any document, by w .... To read the full section download the app from Google Play store