 "CCI")
The Competition Commission of India (CCI) on Tuesday put AGI Greenpac's acquisition proposal of Kolkata-based Hindusthan National Glass & Industries Ltd (HNG) on hold, just days after the committee of creditors (CoC) showed a green light to the proposed resolution plan.
On the CCI website, the notice filed by AGI Greenpac on September 27 regarding the acquisition, has been marked as ‘Notice Not Valid’.
CCI has invalidated Form 1 filed by AGI Greenpac and has asked the company to file Form 2 with more details. Form 2 is sought when the market share of the company is more than 15
