The settlement involving the different branches of the TVS family was consummated recently as the National company law tribunal passed the relevant orders.
The settlement involving the different branches of the TVS family was consummated recently as the National company law tribunal passed the relevant orders.
The proposed transaction does not give rise to any competition concerns irrespective of the manner in which the markets are defined, as per the CCI's notice
Fair trade regulator CCI on Monday gave a nod for internal restructuring of the TVS Group. The transaction involves an internal restructuring within the TVS group pursuant to the execution of a memorandum of family arrangement, the composite scheme of amalgamation, and arrangement in January between the parties and board resolutions dated 30 January 2021, as per a combination