INDIA Law and Practice Contributed by: Anshuman Sakle, Anisha Chand, Pranjal Prateek and Soham Banerjee, Khaitan & Co
and Holcim, the CCI issued a conditional approval. Dalmia Cement (an Indian competitor) objected to the approval granted and filed an appeal with the erstwhile appellate authority (the Competition Appel - late Tribunal), challenging the approval granted on grounds that the CCI failed to adhere to due process. Ultimately, the appeal was subsequently withdrawn by Dalmia Cement. 9. Foreign Direct Investment/Subsidies Review 9.1 Legislation and Filing Requirements Foreign direct investment may require clearances from relevant authorities. These clearances do not fall with - in the jurisdiction of the CCI.
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