Question

Under the Competition Act, 2002, as amended by the Competition (Amendment) Act, 2023, a person acquiring control of another enterprise must give notice of the proposed combination to the Competition Commission of India within:

A Notice of the proposed combination must be given to the Competition Commission within seven days of the announcement of the proposed deal
B Notice of the proposed combination must be given to the Competition Commission within fifteen days of the board resolution approving the acquisition
C Notice of the proposed combination must be given to the Competition Commission within thirty days of the execution of the agreement or other document for the acquisition
D Notice of the proposed combination must be given to the Competition Commission within ninety days of the approval of the shareholders
E Notice of the proposed combination must be given to the Competition Commission within one year of the completion of the acquisition
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