Mrtp query - group
This query is : Resolved
19 September 2011
Dear all,
SEBI regulations such as takeover code, PMS regulation has defined the word "Group" as group as defined in MRTP Act. Now since, the MRTP Act has repealed, should we still refer to it for the purpose of definition of Group or should we refer to Competition Act.
Thanks
BK
SEBI regulations such as takeover code, PMS regulation has defined the word "Group" as group as defined in MRTP Act. Now since, the MRTP Act has repealed, should we still refer to it for the purpose of definition of Group or should we refer to Competition Act.
Thanks
BK
19 September 2011
You need to refer general definition as defined in the common parlance in competition act.
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