Competition Commission of India (Procedure for Engagement of Experts and Professionals) Amendment Regulations, 2014 - A-12015/1/2014-HR/CCI - Competition Law

THE COMPETITION COMMISSION OF INDIA NOTIFICATION New Delhi, the 21st November, 2014 No. A-12015/1/2014-HR/CCI . In exercise of the powers conferred by clause (d) of sub-section (2) of Section 64 , read with sub-section (3) of Section 17 of the Competition Act, 2002 (12 of 2003) the Competition Commission of India hereby makes the following regulations to amend the Competition Commission of India (Procedure for Engagement of Experts and Professionals) Regulations, 2009 , namely : 1. Short title and commencement . (1) These regulations may be called the Competition Commission of India (Procedure for Engagement of Experts and Professionals) Amendment Regulations, 2014. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Competition Commission of India (Procedure for Engagement of Experts and Professionals) Regulations, 2009 (hereinafter referred to as the principal regulations) : (I) for the words expert or professional wherever they occur, the words experts or professionals including research associates shall substituted and such other consequential amendments, as the rules of grammar may require shall also be made.; (II) in regulation 8 , for sub-regulation (1 ) the following shall be substituted namely : (I) the experts or professionals including research associates shall ordinarily be engaged by the Commission on contractual basis for not less than one year and not more than three years . (III) in the principal regulations, (a) in Schedule I , for the entries in columns relating to Qualification and Experience , against the word Law , the following entries shall be substituted, namely : Essential (i) Degree of LL.B or equivalent from a recognized University and/or Institute in India or abroad, recognized by the Bar Council of India. (ii) Qualified to be registered as an advocate in any State Bar Council in India in terms of Advocate s Act, 1961, Desirable Specialization in competition law or regulatory laws or laws relating to Intellectual Property Rights or International Trade Laws. Experience in judicial or legal work, in Supreme Court, High Court or any other Court, Government or a Regulatory Authority or a Tribunal or any similar forum. or, Professor/Reader/Lecturer of Law or any recognized University/Professional Institute of India or abroad with specialization in teaching competition law, or Legal Manager or above in the Corporate sector having experience or handling acquisitions, mergers and amalgamations etc., under competition law:; (b) in Schedule II of the principal regulations, in column relating to Preferred experience in years, against level I, for the words Upto three years the following shall be substituted, namely : One to three years . SMITA JHINGRAN, Secy. [ADVT-III/4/Exty./187-AM/14] Foot Note: The Principal Regulations were published vide Notification No. R-40007/6Reg-Expert/Noti/04-CCI dated 15.05.2009 in the Gazetted of India, Extraordinary, Part III, Section 4, Dated 15th May, 2009 .