January 2024

Section 3 – The Competition Act, 2002

Anti-competitive agreements (1) No enterprise or association of enterprises or person or association of persons shall enter into any agreement in respect of production, supply, distribution, storage, acquisition or control of goods or provision of services, which causes or is likely to cause an appreciable adverse effect on competition within India. (2) Any agreement entered into in contravention of the provisions contained in sub-section (1) shall be void. (3) Any agreement entered into between enterprises or […]

Section 2 – The Competition Act, 2002

Definitions In this Act, unless the context otherwise requires,— (a) “acquisition” means, directly or indirectly, acquiring or agreeing to acquire— (i) shares, voting rights or assets of any enterprise; or (ii) control over management or control over assets of any enterprise; (b) “agreement” includes any arrangement or understanding or action in concert,— (i) whether or not, such arrangement,

Section 1 – The Competition Act, 2002

Short title, extent and commencement (1) This Act may be called the Competition Act, 2002. (2) It extends to the whole of India except the State of Jammu and Kashmir. (3) It shall come into force on such date1 as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed

Government E-Marketplace Seller Registration Guide

Government E-Marketplace or GeM is a portal to facilitate online procurement of goods and services required by various government departments, organizations and public sector undertakings in India. The Government E-Marketplace has been introduced to enhance transparency in government purchases, improve efficiency and speedup procurement. In this article, we look at the process for registering as

The Twelfth Schedule -The Insolvency and Bankruptcy Code, 2016

Acts for The Purposes of Clause (d) of section 29A (1) The Foreign Trade (Development and Regulation) Act, 1922 (22 of 1922); (2) The Reserve Bank of India Act, 1934 (2 of 1934); (3) The Central Excise Act, 1944 (1 of 1944); (4) The Prevention of Food Adulteration Act, 1954 (37 of 1954); (5) The

The Eleventh Schedule -The Insolvency and Bankruptcy Code, 2016

Amendment to The Companies Act, 2013 1. In section 2, – (a) for clause (23), the following clause shall be substituted, namely: – “(23) “Company Liquidator”, means a person appointed by the Tribunal as the Company Liquidator in accordance with the provisions of section 275 for the winding up of a company under this Act”; (b)

The Tenth Schedule -The Insolvency and Bankruptcy Code, 2016

Amendment to The Limited Liability Partnership Act, 2008 In section 64, Clause (c) shall be omitted. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual

The Ninth Schedule -The Insolvency and Bankruptcy Code, 2016

Amendment to Payment and Settlement Systems Act, 2007 1. In section 23, in sub-section (4), (5) and (6), after the words and figures “the Banking Regulation Act, 1949 (10 of 1949)” “the Companies Act, 2013 (18 of 2013)”, the words and figures “or the Insolvency and Bankruptcy Code, 2016” shall be inserted. 2. In section 23A, in sub-section (3), after the words and figures “the Companies Act,

The Eighth Schedule -The Insolvency and Bankruptcy Code, 2016

Amendment to Sick Industrial Companies (Special Provisions) Repeal Act, 2003 In section 4, for sub-clause (b), the following sub-clause shall be substituted, namely— “ (b) On such date as may be notified by the Central Government in this behalf, any appeal preferred to the Appellate Authority or any reference made or inquiry pending to or before the Board or any

The Seventh Schedule -The Insolvency and Bankruptcy Code, 2016

Amendment to The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 In section 13, in sub-section (9), for the words “In the case of’, the words and figures “Subject to the provisions of the Insolvency and Bankruptcy Code, 2016, in the case of’ shall be substituted.