The Competition Act 2002

Selection Committee Omitted by s. 171, ibid. (w.e.f. 26-5-2017).   Amendment 1. 20-12-2007, vide S.O. No. 2167(E), dated 20-12-2007. 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 Annual Compliance | Income […]

Qualifications for appointment of Chairperson and Members of Appellate Tribunal Omitted by s. 171, ibid. (w.e.f. 26-5-2017).   Amendment 1. 20-12-2007, vide S.O. No. 2167(E), dated 20-12-2007. 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 |

Composition of Appellate Tribunal. Omitted by the Finance Act, 2017 (7 of 2017), s. 171 (w.e.f. 26-5-2017).   Amendment 1. 20-12-2007, vide S.O. No. 2167(E), dated 20-12-2007. 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

Appeal to Appellate Tribunal (1) The Central Government or the State Government or a local authority or enterprise or any person, aggrieved by any direction, decision or order referred to in clause (a) of section 53A may prefer an appeal to the Appellate Tribunal. (2) Every appeal under sub-section (1) shall be filed within a period of sixty days from the

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

Furnishing of returns, etc., to Central Government. (1) The Commission shall furnish to the Central Government at such time and in such form and manner as may be prescribed or as the Central Government may direct, such returns and statements and such particulars in regard to any proposed or existing measures for the promotion of competition advocacy, creating awareness

Accounts and audit (1) The Commission shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India. (2) The accounts of the Commission shall be audited by the Comptroller and Auditor-General of India at such intervals as

Constitution of Fund (1) There shall be constituted a fund to be called the “Competition Fund” and there shall be credited thereto— (a) all Government grants received by the Commission; 1* * * * * (c) the fees received under this Act; (d) the interest accrued on the amounts referred to in 2[clauses (a) and (c)]. (2)

Grants by Central Government 50. Grants by Central Government. The Central Government may, after due appropriation made by Parliament by law in this behalf, make to the Commission grants of such sums of money as the Government may think fit for being utilised for the purposes of this Act. Practice area’s of B K Goyal & Co

Competition Advocacy [(1) The Central Government may, in formulating a policy on competition (including review of laws related to competition) or on any other matter, and a State Government may, in formulating a policy on competition or on any other matter, as the case may be, make a reference to the Commission for its opinion on possible