Journal of Legal Research by ILRF · Vol. 1, Issue 8 (October 2026)
Reverse Flip, Fast-Track Mergers and the CCI Notification Gap: Foreign Parent Acquisitions Escaping Indian Competition Review
Anmol Kumar Sinha & Sanidhya Ranjan | 4th Year, B.B.A. LL.B | Symbiosis Law School, Nagpur
Abstract
Finds a gap in Indian merger control: acquiring control of the foreign holding company of an Indian business can escape review, a live issue with 'reverse flips' such as Groww, Zepto and PhonePe. It points to three causes: the INR 500 crore floor in the substantial-business-operations test, no look-through rule, and the one-year bar on ex post review. It tests the gap with a hypothetical and proposes reforms, some within the CCI's powers and some needing amendment.
Article Information
- Journal
- Journal of Legal Research by ILRF
- ISSN
- 3139-7107 (Online)
- Volume
- 1 (I)
- Issue
- 8 — October 2026
- Length
- 12 Pages
- Published
- 2 November 2026
- Publisher
- India Legal Research Foundation
- DOI
- Not yet assigned
How to Cite
Anmol Kumar Sinha & Sanidhya Ranjan, “Reverse Flip, Fast-Track Mergers and the CCI Notification Gap: Foreign Parent Acquisitions Escaping Indian Competition Review”, Journal of Legal Research by ILRF, Vol. 1, Issue 8 (October 2026), ISSN 3139-7107.