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

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....t 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. (II) In Schedule I of Regulation 5 - A....

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....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 any recognized University/Professional Institute of India or abroad with speciali....

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....gs 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 reputed Chartered Accountant Firm or a practicing CA. (III) In regulation 5, for sub-regulation (2) the following shall be substituted, n....