unfair trade practices

Is that what you thought about INSIDER TRADING?

Corporate Law - Chirag Singhal Many of us who have heard about insider trading, has a view that an insider trader is a handcuffed corporate person, who has been caught for doing illegal activities. But that is not the only fact. Insider trading has 2 parts, of which 1 is legal and another is prohibited i.e. is illegal. […]...

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Competition Act, 2002-Frequently Asked Questions

Corporate Law - Q.1 WHAT IS COMPETITION IN THE MARKET? a In common parlance, competition in the market means sellers striving independently for buyers’ patronage to maximize profit (or other business objectives). a A buyer prefers to buy a product at a price that maximizes his benefits whereas the seller prefers to sell the product at a price […...

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MRTP Act- The Director General of Investigation & Registration

Corporate Law - The Office of the Director General of Investigation and Registration has been established under Section 8 of the Monopolies And Restrictive Trade Practices Act, 1969 (hereinafter referred to as ‘the Act’) for making investigations for the purposes of...

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CCI founds NSE guilty of abusing its dominant market position by adopting unfair trade practices

Corporate Law - Competition watchdog CCI on Wesdnesday pronounced the National Stock Exchange (NSE) guilty of abusing its dominant market position by adopting unfair trade practices in connection with currency derivatives trading. However, the quantum of fine to be levied on NSE is yet to be ascertained. "The Commission has pronounced NSE guilty of viola...

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Competition Appellate Tribunal (CAT) to hear unfair trade practice cases

Corporate Law - The government also ordered it to hear cases that the MRTPC had failed to resolve when it was wound up last year. The government has expanded the mandate of a tribunal, which has been hearing pending cases of restrictive trade practices, to include cases of unfair trade practices and compensation from 18 January, said an official working ...

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Competition (Amendment) Bill, 2009 got the Approval of parliament

Corporate Law - The Parliament has passed the the Competition (Amendment) Bill, 2009 which is to replace the Competition (Amendment) Ordinance, 2009 and to further amend section 66 of the Competition Act, 2002. Rajya Sabha passed it today, while the Lok Sabha had already considered and passed it on 14th December, 2009....

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Charging Vat on discounted MRP is unfair Trade Practice: NCDRC

M/s. Aero Club (Woodland) Vs Rakesh Sharma (NCDRC) - Once it has come on record that the MRP of the product includes all taxes, it was not open for the trader to impose VAT again on the discounted price....

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Trade defence measures available to the domestic industry to counter unfair trade practices followed by exporters of goods from other countries

NA - (21/01/2010) - Trade defence measures are available to the domestic industry to counter unfair trade practices followed by exporters of goods from other countries. In case a product is imported into the country at less than its normal value, and it causes injury to the domestic industry, the domestic industry can...

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Recent Posts in "unfair trade practices"

Charging Vat on discounted MRP is unfair Trade Practice: NCDRC

M/s. Aero Club (Woodland) Vs Rakesh Sharma (NCDRC)

Once it has come on record that the MRP of the product includes all taxes, it was not open for the trader to impose VAT again on the discounted price....

Read More
Posted Under: Finance |

Is that what you thought about INSIDER TRADING?

Chirag Singhal Many of us who have heard about insider trading, has a view that an insider trader is a handcuffed corporate person, who has been caught for doing illegal activities. But that is not the only fact. Insider trading has 2 parts, of which 1 is legal and another is prohibited i.e. is illegal. […]...

Read More
Posted Under: Finance |

Competition Act, 2002-Frequently Asked Questions

Q.1 WHAT IS COMPETITION IN THE MARKET? a In common parlance, competition in the market means sellers striving independently for buyers’ patronage to maximize profit (or other business objectives). a A buyer prefers to buy a product at a price that maximizes his benefits whereas the seller prefers to sell the product at a price […...

Read More
Posted Under: Finance |

CCI founds NSE guilty of abusing its dominant market position by adopting unfair trade practices

Competition watchdog CCI on Wesdnesday pronounced the National Stock Exchange (NSE) guilty of abusing its dominant market position by adopting unfair trade practices in connection with currency derivatives trading. However, the quantum of fine to be levied on NSE is yet to be ascertained. "The Commission has pronounced NSE guilty of viola...

Read More
Posted Under: Finance |

MRTP Act- The Director General of Investigation & Registration

The Office of the Director General of Investigation and Registration has been established under Section 8 of the Monopolies And Restrictive Trade Practices Act, 1969 (hereinafter referred to as ‘the Act’) for making investigations for the purposes of...

Read More
Posted Under: Finance |

Trade defence measures available to the domestic industry to counter unfair trade practices followed by exporters of goods from other countries

NA (21/01/2010)

Trade defence measures are available to the domestic industry to counter unfair trade practices followed by exporters of goods from other countries. In case a product is imported into the country at less than its normal value, and it causes injury to the domestic industry, the domestic industry can make an application to Directorate Gene...

Read More

Competition Appellate Tribunal (CAT) to hear unfair trade practice cases

The government also ordered it to hear cases that the MRTPC had failed to resolve when it was wound up last year. The government has expanded the mandate of a tribunal, which has been hearing pending cases of restrictive trade practices, to include cases of unfair trade practices and compensation from 18 January, said an official working ...

Read More
Posted Under: Finance |

Competition (Amendment) Bill, 2009 got the Approval of parliament

The Parliament has passed the the Competition (Amendment) Bill, 2009 which is to replace the Competition (Amendment) Ordinance, 2009 and to further amend section 66 of the Competition Act, 2002. Rajya Sabha passed it today, while the Lok Sabha had already considered and passed it on 14th December, 2009....

Read More
Posted Under: Finance |

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