Regulation 8 - Failure to file notice - CCI (Procedure In Regard To The Transaction Of Business Relating To Combinations) Regulations, 2011

8. Failure to file notice.- (1) Where the parties to a combination fail to file notice under sub-section (2) of section 6 of the Act, the Commission may under sub-section (1) of section 20 of the Act, upon its own knowledge or information relating to such combination, inquire into whether such a combination has caused or is likely to cause an appreciable adverse effect on competition within India. (2) Where the Commission decides to commence an inquiry, referred to in sub-regulation (1), the Commission, without prejudice to any penalty which may be imposed or any prosecution which may be initiated under this Act, shall direct the parties to the combination to file notice 1 [ in Form I or Form II, as decided by the Commission ] . (3) The notice, referred to in sub-regulation (2), shall be filed, within 30 days of receipt of communication from the Commission, by the parties to the combination. ************** NOTES:- 1. Substituted vide F. No. CCI/CD/Amend/Comb.Regl./2015 dated 01-07-2015 before it was read as, in Form II, as specified in Schedule Il to these regulations, duly filled in, verified and accompanied by evidence of requisite fee