Section 23 – The Competition Act, 2002

[Distribution of business of Commission amongst Benches.] Omitted by the Competition (Amendment) Act, 2007 (39 of 2007), s. 18 (w.e.f. 12-10-2007)]. 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 […]

Section 22 – The Competition Act, 2002

Meetings of Commission (1) The Commission shall meet at such times and such places, and shall observe such rules of procedure in regard to the transaction of business at its meetings as may be provided by regulations. (2) The Chairperson, if for any reason, is unable to attend a meeting of the Commission, the senior-most Member present at the meeting, shall preside

Section 21A – The Competition Act, 2002

Reference by Commission (1) Where in the course of a proceeding before the Commission an issue is raised by any party that any decision which, the Commission has taken during such proceeding or proposes to take, is or would be contrary to any provision of this Act whose implementation is entrusted to a statutory authority, then the Commission may make a reference

Section 21 – The Competition Act, 2002

Reference by statutory authority (1) Where in the course of a proceeding before any statutory authority an issue is raised by any party that any decision which such statutory authority has taken or proposes to take, is or would be, contrary to any of the provisions of this Act, then such statutory authority may make a reference in respect of such

West Bengal Property Registration

In India, as per the Indian Registration Act, 1908 it is mandatory to register the transfer of property with the appropriate Registrar. The immovable property transferred has to be registered to obtain the rights of the property transferred. The Department of Revenue is liable for property registration in the State of West Bengal.  Purpose of

Corporate Social Responsibility (CSR) in India

orporate Social Responsibility (CSR) implies a concept, whereby companies decide voluntarily to contribute to a better society and a cleaner environment – a concept, whereby the companies integrate social and other useful concerns in their business operations for the betterment of their stakeholders and society in general in a voluntary way. However, Section 135 of

Section 20 – The Competition Act, 2002

Inquiry into combination by Commission (1) The Commission may, upon its own knowledge or information relating to acquisition referred to in clause (a) of section 5 or acquiring of control referred to in clause (b) of section 5 or merger or amalgamation referred to in clause (c) of that section, inquire into whether such a combination has caused or is likely to cause

Section 19 – The Competition Act, 2002

Inquiry into certain agreements and dominant position of enterprise (1) The Commission may inquire into any alleged contravention of the provisions contained in sub-section (1) of section 3 or sub-section (1) of section 4 either on its own motion or on— (a) 1[receipt of any information, in such manner and] accompanied by such fee as may be determined by regulations, from any person, consumer or their association

Section 18 – The Competition Act, 2002

Duties of Commission Subject to the provisions of this Act, it shall be the duty of the Commission to eliminate practices having adverse effect on competition, promote and sustain competition, protect the interests of consumers and ensure freedom of trade carried on by other participants, in markets in India: Provided that the Commission may, for the purpose of discharging its duties or performing its functions

Section 17 – The Competition Act, 2002

Appointment of Secretary, experts, professionals and officers and other employees of Commission. (1) The Commission may appoint a Secretary and such officers and other employees as it considers necessary for the efficient performance of its functions under this Act. (2) The salaries and allowances payable to, and other terms and conditions of service of, the Secretary and officers and