Central Government exempts the enterprises from regulation combination under section 5 of Competition Act, 2002

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..... etition Act, 2002 (12 of 2003) , the Central Government, in public interest, hereby exempts the enterprises being parties to (a) any acquisition referred to in clause (a) of section 5 of the Competition Act ; (b) acquiring of control by a person over an enterprise when such person has already direct or indirect control over another enterprise engaged in production, distribution or trading of a sim .....

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..... alue of assets of the said portion or division or business and or attributable to it, shall be the relevant assets and turnover to be taken into account for the purpose of calculating the thresholds under section 5 of the Act. The value of the said portion or division or business shall be determined by taking the book value of the assets as shown, in the audited books of accounts of the enterprise .....

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