{"id":330522,"date":"2024-09-10T17:30:01","date_gmt":"2024-09-10T12:00:01","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=330522"},"modified":"2024-09-10T15:57:55","modified_gmt":"2024-09-10T10:27:55","slug":"mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/","title":{"rendered":"MCA notifies Competition (Minimum Value of Assets or Turnover) Rules, 2024"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">On 9-9-2024, the Ministry of Corporate Affairs notified the <span style=\"font-weight: bold;\">Competition (Minimum Value of Assets or Turnover) Rules, 2024.<\/span> The provisions came into force on 10-9-2024.<\/p>\n<p style=\"font-weight: bold;\">Key Points:<\/p>\n<ol style=\"list-style-type: decimal;\">\n<li>\n<p>The rules are based on Section 5(e) of the <a href=\"http:\/\/www.scconline.com\/DocumentLink\/C1YA2h2H\" target=\"_blank\" rel=\"noopener\">Competition Act, 2002<\/a> relating to &#8220;<span style=\"font-weight: bold;\">Combination<\/span>&#8221;.<\/p>\n<\/li>\n<li>\n<p>When the value of assets or turnover, will be as mentioned under, of the enterprise being acquired\/ taken control of\/ merged\/ amalgamated in India, it will <span style=\"font-weight: bold;\">not constitute<\/span> a combination under Section 5:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>\n<p>value of assets- Rs. 450 crore.<\/p>\n<\/li>\n<li>\n<p style=\"margin-bottom: 3%;\">value of turnover- Rs. 1250 crore.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">Minimum Value of assets\/ turnover laid down which will not constitute a Combination under Section 5 of Competition Act.<\/p>\n","protected":false},"author":67515,"featured_media":316824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,15],"tags":[18751,34729,72967,72966],"class_list":["post-330522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-rules_regulations","tag-competition-act","tag-mca","tag-value-of-turnover","tag-valueof-assets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Minimum Value of Assets or Turnover | SCC Times<\/title>\n<meta name=\"description\" content=\"Ministry of Corporate Affairs notified Competition (Minimum Value of Assets or Turnover) Rules, 2024 laying down the value of assets or turnover which will not constitute a combination.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MCA notifies Competition (Minimum Value of Assets or Turnover) Rules, 2024\" \/>\n<meta property=\"og:description\" content=\"Ministry of Corporate Affairs notified Competition (Minimum Value of Assets or Turnover) Rules, 2024 laying down the value of assets or turnover which will not constitute a combination.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-10T12:00:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"887\" \/>\n\t<meta property=\"og:image:height\" content=\"591\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kriti\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"MCA notifies Competition (Minimum Value of Assets or Turnover) Rules, 2024\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kriti\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/\",\"name\":\"Minimum Value of Assets or Turnover | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp\",\"datePublished\":\"2024-09-10T12:00:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/eba3a7deccde6b0aee12e1ce38c5ccfd\"},\"description\":\"Ministry of Corporate Affairs notified Competition (Minimum Value of Assets or Turnover) Rules, 2024 laying down the value of assets or turnover which will not constitute a combination.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp\",\"width\":887,\"height\":591,\"caption\":\"Ministry of Corporate Affairs\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MCA notifies Competition (Minimum Value of Assets or Turnover) Rules, 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/eba3a7deccde6b0aee12e1ce38c5ccfd\",\"name\":\"Kriti\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd399db894c8c7120c1692bc4678f14b48d0de98ac8612d875dfe6be68c65940?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd399db894c8c7120c1692bc4678f14b48d0de98ac8612d875dfe6be68c65940?s=96&d=mm&r=g\",\"caption\":\"Kriti\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/scc_8\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Minimum Value of Assets or Turnover | SCC Times","description":"Ministry of Corporate Affairs notified Competition (Minimum Value of Assets or Turnover) Rules, 2024 laying down the value of assets or turnover which will not constitute a combination.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/","og_locale":"en_US","og_type":"article","og_title":"MCA notifies Competition (Minimum Value of Assets or Turnover) Rules, 2024","og_description":"Ministry of Corporate Affairs notified Competition (Minimum Value of Assets or Turnover) Rules, 2024 laying down the value of assets or turnover which will not constitute a combination.","og_url":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2024-09-10T12:00:01+00:00","og_image":[{"width":887,"height":591,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.jpg","type":"image\/jpeg"}],"author":"Kriti","twitter_card":"summary_large_image","twitter_title":"MCA notifies Competition (Minimum Value of Assets or Turnover) Rules, 2024","twitter_misc":{"Written by":"Kriti","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/","url":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/","name":"Minimum Value of Assets or Turnover | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp","datePublished":"2024-09-10T12:00:01+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/eba3a7deccde6b0aee12e1ce38c5ccfd"},"description":"Ministry of Corporate Affairs notified Competition (Minimum Value of Assets or Turnover) Rules, 2024 laying down the value of assets or turnover which will not constitute a combination.","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp","width":887,"height":591,"caption":"Ministry of Corporate Affairs"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/09\/10\/mca-notifies-competition-minimum-value-of-assets-or-turnover-rules-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"MCA notifies Competition (Minimum Value of Assets or Turnover) Rules, 2024"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/eba3a7deccde6b0aee12e1ce38c5ccfd","name":"Kriti","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd399db894c8c7120c1692bc4678f14b48d0de98ac8612d875dfe6be68c65940?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd399db894c8c7120c1692bc4678f14b48d0de98ac8612d875dfe6be68c65940?s=96&d=mm&r=g","caption":"Kriti"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/scc_8\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":316820,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/03\/12\/mca-enhances-existing-threshold-value-of-assets-and-turnover-for-ease-of-doing-business\/","url_meta":{"origin":330522,"position":0},"title":"MCA enhances existing threshold value of assets and turnover for purpose of combination filing","author":"Kriti","date":"March 12, 2024","format":false,"excerpt":"Value of assets and turnover increased by 150% based on the wholesale price index.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Ministry of Corporate Affairs","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Ministry-of-Corporate-Affairs.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":117461,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/31\/combinations-falling-within-threshold-limits-not-required-to-be-filed-before-competition-commission-of-india\/","url_meta":{"origin":330522,"position":1},"title":"Combinations falling within threshold limits not required to be filed before Competition Commission of India","author":"Saba","date":"March 31, 2017","format":false,"excerpt":"The Ministry of Corporate Affairs (MCA) has undertaken a major reform in the regulation of combinations under the Competition Act, bringing India in line with the global practice.\u00a0 The Act which was passed by Parliament in 2002 had initially provided for notice of combinations to be given by enterprises, as\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":316633,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/03\/11\/cci-notifies-cci-determination-of-monetary-penalty-guidelines-2024-legal-news\/","url_meta":{"origin":330522,"position":2},"title":"CCI notifies Competition Commission of India (Determination of Monetary Penalty) Guidelines, 2024","author":"Kriti","date":"March 11, 2024","format":false,"excerpt":"CCI issues guidelines to bring transparency in method of calculating penalties.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Competition Commission of India","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Competition-Commission-of-India-2.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Competition-Commission-of-India-2.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Competition-Commission-of-India-2.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/03\/Competition-Commission-of-India-2.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":332185,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/10\/01\/legislation-roundup-september-2024-legal-update\/","url_meta":{"origin":330522,"position":3},"title":"LEGISLATION ROUNDUP SEPTEMBER 2024: New compounding rules under FEMA; Background check of law students mandated; Penalty on Axis bank; and more","author":"Kriti","date":"October 1, 2024","format":false,"excerpt":"BCI mandates criminal background check of law students before issuance of final marksheets and degrees.","rel":"","context":"In &quot;Legal RoundUp&quot;","block_context":{"text":"Legal RoundUp","link":"https:\/\/www.scconline.com\/blog\/post\/category\/columns-for-roundup\/"},"img":{"alt_text":"Legislation Roundup September 2024","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/10\/Legislation-Roundup-September-2024.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/10\/Legislation-Roundup-September-2024.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/10\/Legislation-Roundup-September-2024.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/10\/Legislation-Roundup-September-2024.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":293806,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/06\/05\/the-competition-amendment-act-2023-a-game-changer-for-mergers-and-acquisitions\/","url_meta":{"origin":330522,"position":4},"title":"The Competition (Amendment) Act, 2023: A Game Changer for Mergers and Acquisitions","author":"Editor","date":"June 5, 2023","format":false,"excerpt":"by Aayushi Singh\u2020 and Pavitra Dubey\u2020\u2020","rel":"","context":"In &quot;Op Eds&quot;","block_context":{"text":"Op Eds","link":"https:\/\/www.scconline.com\/blog\/post\/category\/op-ed\/legal-analysis\/"},"img":{"alt_text":"competition (amendment) act 2023","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/competition-amendment-act-2023.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/competition-amendment-act-2023.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/competition-amendment-act-2023.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/06\/competition-amendment-act-2023.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":243312,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/02\/03\/mca-amends-one-person-companies-opcs-rules\/","url_meta":{"origin":330522,"position":5},"title":"MCA amends One Person Companies (OPCs) rules","author":"Bhumika Indulia","date":"February 3, 2021","format":false,"excerpt":"As a measure which directly benefits Startups & Innovators in the country, especially those who are supplying products & services on e-commerce platforms, and in order to bring in more unincorporated businesses into the organized corporate sector, the incorporation of One Person Companies (OPCs) is being incentivized by amending the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/330522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67515"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=330522"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/330522\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/316824"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=330522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=330522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=330522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}