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Corporate Amicus: April 2012

Article in this issue of "Corporate Amicus" analyses Competition Law and its applicability in sports law while also deliberating upon the question as to whether we can have leagues and club events outside the National Sports Federation. External Commercial Borrowing (ECB) Policy has been further relaxed for infrastructure and power companies, while Indian parties are now allowed to open, hold and maintain Foreign Currency Accounts (FCA) for overseas direct investments. This issue also covers recent Order of Competition Commission of India holding that boycott of auction by persons controlling 75% of relevant market is liable to penalty.

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