Home Acts & Rules Law of Competition Act Competition Act, 2002 Chapters List Chapter IV Duties, Powers and Functions of Commission This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Section 22 - Meetings of Commission - Competition Act, 2002Extract 1 [Meetings of Commission. 22. (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 seniormost Member present at the meeting, shall preside at the meeting. (3) All questions which come up before any meeting of the Commission shall be decided by a majority of the Members present and voting, 2 [ **** ] : Provided that the quorum for such meeting shall be three Members. ] ***************** NOTES:- 1 . Substituted vide Competition (Amendment) Act, 2007 dated 24-09-2007 before it was read as, Benches of Commission (1) The jurisdiction, power and authority of the Commission may be exercised by Benches thereof. (2) The Benches shall be constituted by the Chairperson and each Bench shall consist of not less than two Members. (3) Every Bench shall consist of at least one Judicial Member. Explanation. For the purposes of this sub-section, Judicial Member means a Member who is, or has been, or is qualified to be, a Judge of a High Court. (4) The Bench over which the Chairperson presides shall be the Principal Bench and the other Benches shall be known as the Additional Benches. (5) There shall be constituted by the Chairperson one or more Benches to be called the Mergers Bench or Mergers Benches, as the case may be, exclusively to deal with matters referred to in sections 5 and 6. (6) The places at which the Principal Bench, other Additional Bench or Mergers Bench shall ordinarily sit, shall be such as the Central Government may, by notification, specify. 2 . Omitted vide Competition (Amendment) Act, 2023 dated 11-04-2023 w.e.f. 18-05-2023 before it was read as, and in the event of an equality of votes, the Chairperson or in his absence, the Member presiding, shall have a second or casting vote
|