9911796707
TMI BlogThe Competition Commission of India (Meeting for Transaction of Business) Regulations, 2009X X X X Extracts X X X X X X X X Extracts X X X X ..... s may be called the Competition Commission of India (Meeting for Transaction of Business) Regulations, 2009. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Definitions. (1) In these regulations, unless the context otherwise requires, (a) Act means the Competition Act, 2002 (12 of 2003); (b) Chairperson means the Chairperson of the Commission appointed under sub-section (1) of section 8 of the Act; (c) Commission means the Competition Commission of India established under sub-section (1) of section 7 of the Act; (d) Director General means the Director General appointed under sub-section (1) of section 16 of the Act and includes any Additional, Joint, Deputy or Assistant Directors General appointed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Negotiable Instruments Act, 1881 (26 of 1881) for New Delhi or for such other place, as the case may be. (2) Words and expressions used but not defined in these regulations shall have the same meanings respectively assigned to them in the Act or in the Companies Act, 1956 (1 of 1956), as the case may be. 3. Meetings for transaction of business and their procedure. (1) The Commission may hold as many meetings and at such places as may be required for the purpose of discharging its functions under the Act. (2) The meetings of the Commission shall ordinarily be held at its head office situated in New Delhi: Provided that the Commission may also hold meetings at its other offices or at any other place in India, whenever, in the opinion of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Commission may also grant oral hearing to any party if it deems necessary; (d) the Commission may, for reasons to be recorded in writing, adjourn the meeting; (e) any Member unable to be present in a meeting for any reason, may if feasible, choose to participate in the said meeting, through video conferencing and this shall be considered as attendance by the Member for the purpose of casting vote during the meeting; (f) subject to sub-regulation (4), the Commission shall hold, as far as practicable, an ordinary meeting once every month to review compliance of its orders and the Secretary shall report all matters of non-compliance for information or for further orders of the Commission, as the case may be; (g) the proceedings of each ordin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g; (e) the Chairperson may, without prior notice, convene a special meeting at any time to consider any item, which in his opinion requires urgent consideration; (f) any matter to be considered in a special meeting, other than those requiring statutory approval of the Commission, may, with prior approval of the Chairperson, be decided on file by circulation. (7) Without prejudice to sub-regulation (1), the Commission shall have at least one meeting every month for the promotion of competition advocacy, public awareness and imparting training about competition issues in compliance to sub-section (3) of section 49 of the Act. 4. Power to regulate procedure in certain circumstances. In a situation not provided for in these regulations, the Com ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
