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Govt. exempts 'Groups' exercising less than 50% voting rights for five yrs for purpose of determining combinations

March 7, 2016
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COMPETITION ACT : SECTION 54 OF THE COMPETITION ACT, 2002 - POWER TO EXEMPT - EXEMPTION TO GROUP EXERCISING LESS THAN FIFTY PER CENT OF VOTING RIGHTS IN OTHER ENTERPRISE FROM PROVISIONS OF SECTION 5 OF SAID ACT FOR A SPECIFIED PERIOD
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