ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by K S Chalapali RaoSubscribe to K S Chalapali Rao

Inter-Connections under MRTP Act in the Context of Asset Limit Hike

Context of Asset Limit Hike K S Chalapali Rao Since size of assets, which was expected to reflect the economic strength of individual units and of groups of undertakings, has been chosen as a criterion for registering under the MRTP Act's provisions relating to concentration of economic power, growth in the assets of industrial Houses has generally been seen as proof of the failure of the Act in curbing the growth of concentration of economic power in private hands. While the phenomenon of non-registration of many of the recognised House-companies and the reasons for this have been discussed widely, the basis of inclusion of companies in different Houses for the purpose of arriving at House-wide asset figures is not widely known. This assumes importance because of another relatively little known fact that a number of companies which are included in different Houses do not admit inter-connection among themselves.
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