competition act - Page 10

The Competition Commission of India (Term of the Selection Committee and the Manner of Selection of Panel of Names) Amendment Rules, 2014

G.S.R. 729(E) 15/10/2014

The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i) dated 27th February, 2008, vide G.S.R. No.111(E) and amended vide G.S.R. No. 156(E), dated 6th March, 2009 and G.S.R. No. 259(E), dated 20th April, 2009....

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Competition Act – Amendment to Combination Regulations

01/01/1970

Amendment to Combination Regulations- 28thMarch 2014 The provisions of the Competition Act, 2002 (“Act”) relating to the regulation of combinations as well as the Combination Regulations have been in force with effect from 1stJune 2011. The Combination Regulations were amended twice on 23rd February 2012 and 4th April 2013, with a vie...

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Posted Under: Corporate Law |

Aamir Khan figures in list of penalty defaulters released by CCI

Status of cases where penalties have not been paid under Competition Act, 2002  Competition Commission of India(CCI)  has decided to take suitable and appropriate steps to recover penalties from such parties that have not paid the penalties imposed by the Commission on them under Competition Act, 2002.  CCI has released a list of the c...

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Posted Under: Corporate Law |

To decide dominance both product & geographical market needs to be considered – CAT

Kanazia Digital Systems (P.) Ltd. Vs Competition Commission of India (Compitition Appellate Tribunal)

We do not see any justification to hold that there was any breach of any of the provisions under Section 4 of the Act. Similarly, we cannot accept the argument of Shri Sharma that AAI was a dominant purchaser and had abused its dominance. In fact for the purposes of deciding the dominance, we would have to take into consideration both the...

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Posted Under: Corporate Law |

Competition & Consumers Protection Laws in India

Competition can be defined as a process wherein cost efficient production is achieved in a structure having reasonable number of players (producers and consumers) with simple entry and exit procedures and where exists a close substitution between products of different players in a given industry....

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Competition Act, 2002 – Cabinet approves amendment

The Union Cabinet has approved the proposal of the Ministry of Corporate Affairs to further amend the Competition Act, 2002, with a view to fine tune it and to meet the present day needs in the field of competition, in the light of the experiences gained in the actual working of the Competition Commission of India in the last few years....

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Posted Under: Corporate Law |

Amendments to the Combination Regulations – Relief to Corporate entities by making process of filings simpler

The provisions of the Competition Act, 2002 relating to regulation of combinations and the Competition Commission of India (Procedure in regard to the transaction of business relating to combination) Regulation, 2011 (“Combination Regulations”) have been in force with effect from 1st June, 2011. The Competition Commission of India, af...

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Posted Under: Corporate Law |

Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2012 – Amendment in regulations 5, 6, 9, 11, Schedule I and Schedule II

Notification No. F.No.3-1/Amend/Comb. Regl./2012/CD/CCI 23/02/2012

NOTIFICATION F.No.3-1/Amend/Comb. Regl./2012/CD/CCI, dated 23-2-2012 These regulations may be called the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2012. (2) They shall come into force on the date of their publication in the Official Gazette....

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Competition Advocacy is a Critical Function of Competition Agencies- Ashok Chawla, Chairman CCI

The Competition Commission of India (CCI) Chairman Shri Ashok Chawla has pointed out that competition advocacy is a critical function of competition agencies as it has a very important role to play in creating ‘competition culture’ in the economies. Addressing a one day long an international workshop organised yesterday in collaborati...

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Posted Under: Corporate Law |

MCA Initiatives during 2011- Year End Review / Report Card

(iv) Company Law Settlement Scheme [CLSS]: This was introduced in August 2011 to give a chance to companies who have failed to file the balance sheets and annual returns earlier, to complete their filings to avoid prosecution. This measure has elicited a good response and so far about 1.25 lakh documents have been filed, yielding a reven...

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Posted Under: Corporate Law |

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