NCLAT rejects appeal of Confederation of All India Traders against CCI decision approving acquisition of Flipkart by Walmart
NCLAT rejects appeal of Confederation of All India Traders against CCI decision approving acquisition of Flipkart by Walmart The National Company Law Appellate Tribunal (“NCLAT”), vide judgment dated 12.03.2020, has upheld the order dated 08.08.2018 passed by the Competition Commission of India (“CCI/Commission”) approving Wal-Mart International Holdings’ (“Walmart”) acquisition of between 51% and 77% of…