Type of combinations ordinarily not likely to cause an appreciable adverse effect on competition in India [ See regulation 4 ]

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..... ulation 4] (1) An acquisition of shares or voting rights, referred to in sub-clause (i) or sub-clause (ii) of clause (a) of section 5 of the Act, solely as an investment or in the ordinary course of business in so far as the total shares or voting rights held by the acquirer directly or indirectly, do not exceed fifteen per cent (15%) of the total shares or voting rights of the company, of which s .....

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..... Act, not directly related to the business activity of the party acquiring the asset or made solely as an investment or in the ordinary course of business, not leading to control of the enterprise whose assets are being acquired except where the assets being acquired represent substantial business operations in a particular location or for a particular product or service of the enterprise, of whic .....

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..... securities underwriter or a registered stock broker of a stock exchange on behalf of its clients, in the ordinary course of its business and in the process of underwriting or stock broking, as the case may be. (8) An acquisition of control or shares or voting rights or assets by one person or enterprise of another person or enterprise within the same group ; Explanation: The 'group' refer .....

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