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Economics·Ministry of Corporate Affairs

CCI approves acquisition of Jaiprakash Associates Limited by Dalmia Cement (Bharat) Limited

THURSDAY, 25 JULY 2024·Primary source →

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.

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