Prima facie opinion on the combination

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..... ection (1) of section 29 of the Act, on the notice filed in Form I or Form II, as the case may be, as to whether the combination is likely to cause or has caused an appreciable adverse effect on competition within the relevant market in India, within 1[thirty working days] of receipt of the said notice. 3[(2) Before the Commission forming an opinion under sub-section (1) of section 29 of the Act, .....

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..... time taken in obtaining the information from such enterprise(s) shall be excluded from the time, not exceeding fifteen working days, provided in sub-regulation (1) of this regulation.] ************** NOTES:- 1. Substituted vide F. No. CCI/CD/Amend/Comb.Regl./2015 dated 01-07-2015 before it was read as, "thirty days" 2. Inserted vide F. No. CCI/CD/Amend/Comb.Regl./2015 dated 01- .....

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..... case where the modification is offered by the parties to the combination before the Commission has formed the prima facie opinion under sub- regulation (1), the additional time, not exceeding fifteen days, needed for evaluation of the offered modification, shall be excluded from the period provided in sub-regulation (1) of this regulation and sub-section (11) of section 31 of the Act." -

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