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Three notifications under section 462 of the Companies Act, 2013[CA-13] have been issued after laying of such notifications in draft form before both houses of These notifications provide exemptions from the provisions of the CA-13 to respective companies (viz. Private companies, Government companies and charitable companies) as per recommendations of Companies Law Committee and other suggestions of stakeholders.
Ministry of Corporate Affairs issues a notification exempting every person or enterprise who is a party to a combination from giving notice within 30 days for a period of 5 years from the date of publication of the notification;
Central Government, in public interest, hereby exempts the Vessels Sharing Agreements of Liner Shipping Industry from the provisions of section 3 of the said Act, for a period of one year with effect from the 20th June, 2017
The Informant is stated to be a Chartered Accountant and has filed the present information on behalf of Fight for Transparency Society. As per the information, OP is a provider of consumer communication services via a mobile app called ‘WhatsApp’ which is a proprietary, cross-platform,, encrypted instant messaging services for smartphones. It uses internet as a medium to send text messages, documents, images, videos, user location and audio messages to other users of WhatsApp using standard cellular mobile numbers.
CCI issues order against Hyundai Motor India Limited (HMIL) for anti-competitive conduct, imposes penalty of Rs. 87 crore for the anti-competitive conduct.
Competition Commission of India (CCI) has found Coal India Limited (CIL) and its subsidiaries to be in contravention of the provisions of Section 4(2)(a)(i) of the Competition Act, 2002 for imposing unfair/ discriminatory conditions in Fuel Supply Agreements (FSAs) with the power producers for supply of non-coking coal.
CCI finds the conduct and practice of Association of Malayalam Movie Artists (AMMA), Film Employees Federation of Kerala (FEFKA), FEFKA Director’s Union, FEFKA Production Executive’s Union and their five Office Bearers to be in contravention of the Competition Law. The Informant, T. G. Vinayakumar, a movie director, had approached CCI alleging anti-competitive conduct by the […]
Central Govt exempts Vessels Sharing Agreements of Liner Shipping Industry from provisions of section 3 of Competition Act, 2012 for a period of three months WEF 21.03.2017
1. COMPETITION COMPLIANCE COMPETITION COMPLIANCE PROGRAMME FOR ENTERPRISES A Suggested Framework for compliance of the Competition Act, 2002, [the Act] by Enterprises I. COMPLIANCE ARRANGEMENTS BY ENTERPRISES Meaning and Scope of Competition compliance Competition compliance programme (CCP) is a formal internal framework to ensure business, i.e., the management and individual employees, comply with competition law voluntarily. […]
An effective compliance programme includes creating awareness and imparting training to the employees who may engage themselves or are exposed to anti-competitive conducts. The programme should provide for identifying possible violations so as to take pro-active, corrective and remedial steps.
