The Competition Commission of India (CCI) recently released a comprehensive booklet of Frequently Asked Questions (FAQs) on “Combinations” at its 16th Annual Day. The FAQs consolidate guidance on the merger-control regime after the Competition (Amendment) Act 2023 and the Combination Regulations 2024, giving deal-makers a single, plain-English reference for when and how to notify the CCI. Some of the highlights include one-stop compliance aide – replaces scattered guidance with a consolidated, example-rich handbook, DVT playbook – first official illustrations on how to apply the 2024 deal-value rules to share-swaps, earn-outs, options and inter-connected transactions, Clarity for funds & start-ups – spells out how fund-managed acquisition vehicles and digital-platform deals will be assessed post-Amendment Act, Process certainty – demystifies the PFC route and the CCI’s review clock, helping parties align deal timetables with regulatory milestones.
This guidance FAQs are also very important for Independent Directors not having much understanding on M&A matters. It will help them to understand fundamentals of this complex subject.
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