Section 53A – The Competition Act, 2002

Appellate Tribunal

The National Company Law Appellate Tribunal constituted under section 410 of the Companies Act, 2013 ( 18 of 2013) shall, on and from the commencement of Part XIV of Chapter VI of the Finance Act, 2017 (7 of 2017), be the Appellate Tribunal for the purposes of this Act and the said Appellate Tribunal shall—

(a) hear and dispose of appeals against any direction issued or decision made or order passed by the Commission under sub-sections (2) and (6) of section 26section 27section 28section 31section 32section 33section 38section 39section 43section 43Asection 44section 45 or section 46 of this Act; and

(b) adjudicate on claim for compensation that may arise from the findings of the Commission or the orders of the Appellate Tribunal in an appeal against any finding of the Commission or under section 42A or under sub-section (2) of section 53Q of this Act, and pass orders for the recovery of compensation under section 53N of this Act.]

 

Amendment

1. Ins. by Act 39 of 2007, s. 43 (w.e.f. 12-10-2007).

2. Subs. by Act 7 of 2017, s. 171, for the heading (w.e.f. 26-5-2017).

3. 12-10-2007, vide S.O. No. 1747(E), dated 12-10-2007.

4. Subs. by Act 7 of 2017, s. 171, for section 53A (w.e.f. 26-5-2017).

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