Economics·Ministry of Corporate Affairs
CCI approves acquisition of Jaiprakash Associates Limited by Dalmia Cement (Bharat) Limited
The Competition Commission of India (CCI) has approved the acquisition of Jaiprakash Associates Limited by Dalmia Cement (Bharat) Limited.
This deal was executed through a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC). This highlights the roles of CCI in market regulation and IBC in corporate restructuring.