Merger Control Regime In India In Relation To Minority Investments
This article briefly discusses the treatment of minority investments under the Indian merger control regime and its implications for private equity funds23/08/2020
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Nisha Kaur Uberoi is a Partner and the National Head of the Competition Law Practice at Trilegal, leading one of the largest competition law steams in India.
Nisha advises on a full range of competition matters, including cartel enforcement, abuse of dominance, leniency applications, merger control, competition law audit and compliance. She regularly appears before the Competition Commission of India (CCI), the National Company Law Appellate Tribunal and the Supreme Court of India.
Nisha has obtained a significant number of merger control clearances in India (over 250 of an approximate total of 725 merger notifications cleared by the CCI). She has advised on several complex merger control cases, including India's first two Phase II investigations involving divestitures.
Nisha advised on Lafarge/Holcim Euro 41 billion merger, obtained an unconditional approval on the USD 22 billion Idea-Vodafone merger in the Phase I review period itself, and represented French automation major Schneider Electric and Temasek on their USD 2.1 billion acquisition of Larsen & Toubro's electric and automation business (India's first and only behavioural remedies approval in a Phase-II merger review).
Nisha is currently the lead lawyer on the alleged cement cartel case, where she is representing Ambuja Cements Limited and ACC Limited (both LafargeHolcim companies) and Nuvoco Vistas Corporation Ltd. (formerly Lafarge India Ltd.), in which the cement companies were penalized approximately USD 1.2 billion by the CCI.
Nisha is internationally recognized as one of India's leading competition lawyers, including being recognized by Chambers (Band 1), Who's Who Legal Thought Leaders in Competition 2019, Who's Who Legal: Competition, IFLR 1000, Asia Law Leading Lawyers and Euromoney Women in Business. Nisha has also featured in the inaugural ALB Asia's 40 under 40, GCR 100 Women in Antitrust, RSG India Emerging Leaders 2019 as well in the A-List of India's top 100 lawyers by the India Business Law Journal and Indian Corporate Counsel Association.
The IBLJ Law Firm Awards 2018 recognizes her as "the star among very accomplished antitrust lawyers in India" and "the one lawyer you want to have on your team when dealing with a challenging transaction or competition law case. She has one of the biggest and best teams of competition lawyers in India".
She was recently named 'Competition Lawyer of the Year' at the Legal Era Awards 2018-19 and recognized as 'Woman Lawyer of the Year' at the ALB India Law Firms Awards 2020.
Nisha was part of the Working Group of the Competition Law Review Committee set up by the Ministry of Corporate Affairs, Government of India to recommend changes to the competition law regime in India.
Nisha currently serves as India's Non-Governmental Advisor for the International Competition Network (ICN). She is a member of the Unilateral Conduct and Behavioural Issues Working Group for the International Bar Association. Nisha also serves as a member of the ABA Cartel Workforce and is a member of the Editorial Board of the Global Competition Review.
23/08/2020 Nisha Kaur Uberoi, Trilegal, India
26/08/2016 Nisha Kaur Uberoi, Trilegal, India Soumya Hariharan, Trilegal, India Gaurav Bansal, AZB & Partners, India Nikhil D’Souza, AZB & Partners, India
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