Competition Commission of India (Procedure for Engagement of Experts and Professionals) Amendment Regulations, 2022

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....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, 2022. (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)^1.- (I) for the words "Experts or Professionals including Research Associates"^2 wherever they occur, the words "Experts and Young Professionals" shall be substituted and such other consequential amendments, as the rules of grammar may require shall also be made. (I....

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....conomics methods/Quantitative Economic methods or closely related subjects. Law 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 Advocates Act, 1961. Desirable - Specialization in competition law or regulatory laws or laws relating to Intellectual Property Rights or International Trade Laws or Corporate Law or Financial Law etc. 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 of ....

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.... have worked as Company Secretary in reputed organization handling financial ventures of large enterprises or undertakings Desirable - Experience of handling acquisitions, mergers & amalgamations etc. under competition law. Forensic Audit Chartered Accountant in terms of the Chartered Accountant Act, 1949 (38 of 1949). Or Cost and Works Accountant in terms of the Cost and Works Accountants Act, 1959 (23 of 1959). Desirable- (i)Post qualification course in corporate governance, international Trade Laws and WTO with competition law as a subject. Must have the experience of Auditing large firms or performing Forensic Audit/Special Audit for Income Tax Department or any other investigating Department as a part of a re....

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.... Sub-regulation (1)- The experts and young professionals shall ordinarily be engaged by the Commission on contractual basis for not less than one year and up to three years. Beyond the 3 years term, the Commission, on special cases, may extend the term of engagement maximum upto 2 years. (VI) Proviso of sub-regulation (9) of Regulation 8- Shall be Omitted. (VII) In regulation 9, sub-regulation (4) shall be added as below:- Sub-regulation (4)- Confidentiality and Secrecy: (i) Experts and Young Professionals will be governed by the Indian Official Secret Act, 1923 and shall not disclose any information/data that they may gather by virtue of being Experts or Young Professional in the Competition Commission of India to any ....