Statutory Functioning of Competition Commission of India
The Minister for Corporate Affairs has said that the Competition Commission of India has fully started its statutory functions except Regulation of combinations, as Sections 5 & 6 of the Competition Act have not been notified. Giving this information in written reply to a question in the Rajya Sabha today the Minister for Corporate Affairs, Shri Salman Khurshid said that till date, 80 cases have been filed under section 19 of the Competition Act, 2002. In addition, 50 cases were transferred from Director General of Investigation and Registration /Monopolies and Restrictive Trade Practices Commission under Section 66 of the Competition Act, 2002. Out of these 130 cases, a total number of 37 cases have since been disposed off.
Join LAWyersClubIndia's network for daily News Updates, Judgment Summaries, Articles, Forum Threads, Online Law Courses, and MUCH MORE!!"
Views 2069 Report