Merger ans Acquisitions

SILRES Energy raises investment from US-based Fenice Group and South Lake LLC

SILRES Energy, a subsidiary of solar energy company SunEdison Infrastructure, raised USD 12.5 million from US-based Fenice Group and South Lake LLC, which will be followed by a restructuring exercise to separate the under construction C&I and rooftop solar business, and the EPC business into a newly formed joint venture. The Spice Route Legal team, …

SILRES Energy raises investment from US-based Fenice Group and South Lake LLC Read More »

Competition Law Update: Green Channel Notification

CCI introduces a Green Channel Category Under the authority of the Competition Act, 2002 (“Act”), the Competition Commission of India (“CCI”) has brought into effect the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2019 (“Amendment”)[1] from 15th August 2019. It pertains to all mergers or …

Competition Law Update: Green Channel Notification Read More »

Competition Law and Joint Ventures

The interaction between competition law and joint ventures has long been a matter of debate under Indian law. The previous year has provided an element of some clarity on this issue but has unfortunately left many questions unanswered. Efficiency Enhancing JV’s Section 3 of the Act provides that an agreement in relation to the production, …

Competition Law and Joint Ventures Read More »