Essel MF acquisition by Sachin Bansal's BAC gets CCI nod under green channel1 min read 07 Oct 2019, 05:42 PM IST
This is the first clearance under the 'green channel' route, a speedier approval mechanism put in place by the CCI
A joint application by BAC Acquisitions and Essel Finance AMC was considered by the CCI for approval
NEW DELHI : The Competition Commission of India (CCI) has given its approval under the 'green channel' route to acquisition of Essel Mutual Fund by a Sachin Bansal-owned entity.
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