MCA revises value of assets and turnover for purposes of section 5 of Competition Act [Read Notification]

MCA revises value of assets and turnover for purposes of section 5 of Competition Act [Read Notification]

MCA Notification

CA Pratibha Goyal | Mar 8, 2024 |

MCA revises value of assets and turnover for purposes of section 5 of Competition Act [Read Notification]

MCA revises value of assets and turnover for purposes of section 5 of Competition Act [Read Notification]

The Ministry of Corporate Affairs (MCA) has issued a notification revising the value of assets and the value of turnover, by One hundred and fifty percent for the purposes of Section 5 of the said Act.

The notification is as follows:

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