Category: Act & Rules

What Is Competition Appellate Tribunal (Procedure) Regulations, 2011 About? The Competition Appellate Tribunal (Procedure) Regulations, 2011 were procedural rules by Competition Appellate Tribunal (CAT) prepared due to the authority granted by Section 53-O of Competition Act, 2002. These rules established procedures regarding how requests and corresponding applications to orders of Competition Commission of India (CCI)...

What the Competition Appellate Tribunal (Form and Fee for Filing an Appeal and Fee for Filing Compensation Applications) Rules, 2009 Is About? Prior to having the appellate jurisdiction under the Competition Act transferred to the National Company Law Appellate Tribunal (NCLAT), appeals to orders of the Competition Commission of India (CCI) were heard by the...

The National Company Law Appellate Tribunal (NCLAT) has a very important role in the Indian corporate law structure. It is set up to hear appeals from the National Company Law Tribunal (NCLT) and some other authorities and to provide justice to companies fairly, quickly and efficiently. So what does an appeal to the tribunal look...

The Companies (Amendment) Act, 2017, amends the Companies Act, 2013. It does not create new legislation but instead alters certain sections of the 2013 Act to make the law more comprehensible, less time-consuming, and more user-friendly for the companies.   Why Was This Act Introduced? The 2017 amendments had a number of causes: 1. Ease of...

The Competition (Amendment) Act, 2023, amends the Competition Act, 2002. The Competition Act is the law in India that aims to eliminate unfair business practices like cartel formation, monopolistic behavior, and wrongful mergers.  Thus, the law is: 1. Better enforcement, 2. A more modern regulatory system, and 3. Market difficulties are being dealt with. Why...

The Companies Act 1956 was the principal corporate law in India, governing the formation, management, and dissolution of companies, as well as providing transparency, protection for shareholders and creditors, and corporate governance and winding-up provisions. What Is the Companies Act, 1956 About? The Indian Companies Act 1956, which has governed the formation, management, and dissolution...

What Is This Act / Rule About? Finance Act 2017: The Finance Act, 2017 is an extensive law that is mainly passed in order to bring into practice the Union Budget of 2017-18. Other than tax related provisions, the Act also introduced some structural and institutional adjustments in different laws. Competition law was one of...