Part XIVAMENDMENTS TO CERTAIN ACTS TO PROVIDE FOR MERGER OF TRIBUNALS AND OTHER AUTHORITIES AND CONDITIONS OF SERVICE OF CHAIRPERSONS, MEMBERS, ETC. (From Section 156 to Section 189 )
Section 171 - Amendment of Act 12 of 2003. - THE COMPETITION ACT, 2002
Finance Act, 2017 Part XIV AMENDMENTS TO CERTAIN ACTS TO PROVIDE FOR MERGER OF TRIBUNALS AND OTHER AUTHORITIES AND CONDITIONS OF SERVICE OF CHAIRPERSONS, MEMBERS, ETC.
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Appellate Tribunal designation moved to National Company Law Appellate Tribunal, hearing Commission appeals and compensation claims. The amendment designates the National Company Law Appellate Tribunal as the Appellate Tribunal under the Competition Act, 2002, empowering it to hear ... Summary
Appellate Tribunal designation moved to National Company Law Appellate Tribunal, hearing Commission appeals and compensation claims.
The amendment designates the National Company Law Appellate Tribunal as the Appellate Tribunal under the Competition Act, 2002, empowering it to hear appeals against specified directions, decisions and orders of the Commission and to adjudicate compensation claims arising from Commission findings or appellate orders, with authority to order recovery; it also replaces the chapter heading to "APPELLATE TRIBUNAL" and omits multiple existing tribunal-related sections and certain clause provisions to effect the tribunal re-designation and related statutory adjustments.
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