Repeal of MRTP Act reallocates pending competition and unfair trade matters to successor bodies and preserves accrued rights. Repeal dissolves the Monopolies and Restrictive Trade Practices Commission while preserving prior rights, liabilities, penalties and proceedings; staff vacate office with specified compensation, deputationists revert to parent cadres, and regular employees transfer to successor bodies preserving pension and gratuity rights. Provident and related funds attributable to transferred employees vest in the successor body. Pending cases and investigations are reallocated among the Appellate Tribunal, Competition Commission of India and National Commission as provided, with transferred investigatory functions to be conducted by successor bodies; other pending matters abate except as expressly saved.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Repeal of MRTP Act reallocates pending competition and unfair trade matters to successor bodies and preserves accrued rights.
Repeal dissolves the Monopolies and Restrictive Trade Practices Commission while preserving prior rights, liabilities, penalties and proceedings; staff vacate office with specified compensation, deputationists revert to parent cadres, and regular employees transfer to successor bodies preserving pension and gratuity rights. Provident and related funds attributable to transferred employees vest in the successor body. Pending cases and investigations are reallocated among the Appellate Tribunal, Competition Commission of India and National Commission as provided, with transferred investigatory functions to be conducted by successor bodies; other pending matters abate except as expressly saved.
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