Regulation 15 - Intimation of any change - CCI (Combinations) Regulations, 2024

15. Intimation of any change. (1) The person who has given notice under regulation 5 or regulation 8 of these regulations shall inform the Commission of any change in the information provided in the notice to the Commission within 10 working days from the date of issuance of acknowledgement by Secretary under sub-regulation (3) of Regulation 13 . (2) The Secretary shall place the information relating to any change in the notice before the Commission. (3) The Commission shall assess the significance of the information relating to that change and, if satisfied, take on record the information received. (4) Where the Commission is of the view that the change is likely to affect the factors for the determination of the appreciable adverse effect on competition significantly, it may after recording reasons, treat the notice already filed as not valid. (5) Where the Commission has held a notice to be not valid under sub-regulation (4), the Secretary shall convey the decision of the Commission to the person who has given notice within seven days of the decision of the Commission: Provided that the fee already paid shall be adjusted against the fee to be paid in respect of the new notice if the notice is given within a period of forty-five days from the date of communication of the decision of the Commission.