Modification of NCLAT Calendar with respect to Summer Vacations. No. The Competition Appellate Tribunal has ordered an inquiry into allegations by Ajay Devgn Films that its movie Son of Sardaar was facing a negative pro The Competition Appellate Tribunal is a statutory organization established under the provisions of the Competition Act, 2002 to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India. This is also the day when, in terms of the proposals contained in the Finance Act 2017, an institution known as the Competition Appellate Tribunal (COMPAT) is proposed to be merged with another existing tribunal known as National Company Law Appellate Tribunal (NCLAT) established under Companies Act 2013. The Competition Appellate Tribunal (COMPAT) vide its recent order dated December 11, 2015 while allowing the appeals of the 10 appellants has set aside the order of the Competition Commission of India (CCI) dated June 20, 2012 against 9 cement manufacturing companies (La Farge, ACC, Ambuja , Ultratech, India Cements, JK Cements, Madras cements, Binani cements, Jaiprakash … Posts about Competition Appellate Tribunal written by rdalegal. NOTIFICATION. NOTIFICATION F. NO. The Competition Appellate Tribunal is a statutory organization established under the provisions of the Competition Act, 2002 to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India. However, upon a challenge to its validity in the Madras Bar Association case of 2010, it was stopped in its tracks. The Competition Appellate Tribunal of India has set aside a US$945m penalty imposed on 11 cement firms by the Competition Commission of India (CCI) on accusations of cartel behaviour and asked the fair trade regulator to hear the matter afresh. The case arose from a tender floated by Indian Oil Corporation Ltd (IOCL) for the purchase of LPG cylinders. SpiceJet has said that Competition Appellate Tribunal has set aside CCI's order imposing a penalty against it in the case of alleged cartelisation in relation to cargo fuel surcharge. 329, dated 4.6.2009. Enter your email address to follow this blog and receive notifications of new posts by email. The Competition Appellate Tribunal has stayed an order by the Competition Commission of India's (CCI) imposing a penalty of over Rs 74 crore on Alkem Laboratories. Dismisses Hascol’s appeal in PRL shares acquisition; Upholding the Competition Commission of Pakistan’s (CCP) approval of premerger clearance application filed by Pakistan State Oil (PSO) for acquisition of 84 million shares of Shell in Pakistan Refinery Limited (PRL), the Competition Appellate Tribunal has ruled in favour of PSO on Hascol’s appeal against the CCP’s verdict. Aanchal Pandey, Shubham Tiwary, The Indian Competition Appellate Tribunal interprets strictly ’sufficient cause’ in an appellate framework for Competition matters to tackle forum shopping practices (MAJ. PANKAJ RAI / NITT), 29 May 2020, e-Competitions May 2020, Art. Competition Appellate Tribunal was established in accordance with the provisions of the Amendment Act, 2002. Its function is to hear and dispose of appeals against any direction issued or decision made or order passed by the Competition Commission of India. Appellate Tribunal’s power to hear appeals against directions issued, decisions made The list of abbreviations related to CAT - Competition Appellate Tribunal. The Competition Appellate Tribunal adjudicates on claims for compensation that may have arisen from the findings of the Competition Commission of India. 387(E), dated 4.6.2009, published in the Gazette of India, Extraordinary, Part II, Section 3(i), Sl. 329, dated 4.6.2009. 16/2017 [Under Section 53-B of the Competition Act 2002 against the order dated 16.02.2017 passed by the Competition Commission of India in Case No.63/2014] CORAM Hon’ble Shri Rajeev Kher Member Hon’ble Ms. Anita Kapur Member In the matter of: Saurabh Tripathy, 2nd Floor, House No.1334, Published vide G.S.R. Die Mededingingstribunaal is 'n administratiewe liggaam ingestel ingevolge die Mededingingswet, Wet nr 89 van 1998. Competition Appellate Tribunal (CompAT): CompAT, in want of material evidence, set aside an order by the Competition Commission of India (CCI) against Andhra Pradesh Film Chamber of Commerce (APFCC) for contravention of S. 3 of the Competition Act, 2002 (e.g. 16/2017 [Under Section 53-B of the Competition Act 2002 against the order dated 16.02.2017 passed by the Competition Commission of India in Case No.63/2014] CORAM Hon’ble Shri Rajeev Kher Member Hon’ble Ms. Anita Kapur Member In the matter of: Saurabh Tripathy, 2nd Floor, House No.1334, 387(E), dated 4.6.2009, published in the Gazette of India, Extraordinary, Part II, Section 3(i), Sl. Welkom by die Mededingingstribunaal van Suid-Afrika. 749 (I)/2015.–In exercise of the powers conferred by sub-section (4) of Section 43 of the Competition Act, 2010 (XIX of 2010), the Competition Appellate Tribunal, in consultation with the Federal Government, hereby makes the following rules, namely:– These amendments were brought about under the provisions of Part XIV of Chapter VI of the Finance Act, 2017.… Application Process . The Competition Appellate Tribunal (“Compat”),by way of its order dated December 9, 2016, upheld the order by the Competition Commission of India (“CCI” or the“Commission”) dated August 25, 2014, with minor modifications to the order and a substantial reduction in the penalties levied. Competition Appellate Tribunal Latest breaking news, pictures, photos and Video News. COMPETITION APPELLATE TRIBUNAL NEW DELHI Appeal No. This means Lafarge can’t sell its India assets to any buyer in the meantime,” said Abdullah Hussain, Partner, Luthra and Luthra Law offices. COMPETITION APPELLATE TRIBUNAL COMPETITION APPELLATE TRIBUNAL NEW DELHI IA No. The three-member Competition Appellate Tribunal (CAT) became operational last October to hear cases against India’s competition regulator, the Competition Commission of … related. This is also the day when, in terms of the proposals contained in the Finance Act 2017, an institution known as the Competition Appellate Tribunal (COMPAT) is proposed to be merged with another existing tribunal known as National Company Law Appellate Tribunal (NCLAT) established under Companies Act 2013. The businesses and the economy all over the world has seen a very challenging time for the past few years and pursuant to which, forming regulations or policies on the same has become more daunting for the policy makers. Circular is in partial modification to the Circular dated 03.03.2021 wherein the e-mail IDs to which the Appearance Slips have to be forwarded (w.r.t. Further, any person may apply to the Competition Appellate Tribunal for the recovery of compensation from any enterprise for any loss or damage shown to have been suffered by such person as a result of the enterprise –. Their term of office is 5 years or till they attain the age of 65 years. An appeal from a decision of the CCI is made to COMPAT. The United Kingdom Competition Appeal Tribunal is a specialist judicial body with cross-disciplinary expertise in law, economics, business and accountancy which hears and decides cases involving competition or economic regulatory issues. The article gives insight about the Competition Appellate Tribunal. NEW DELHI: In a major verdict, the Competition Appellate Tribunal today set aside Rs 6,316.59 crore penalty imposed on 11 cement firms by CCI on cartelisation charges and asked the fair trade regulator to hear the matter afresh. Find Competition Appellate Tribunal news headlines, photos, videos, comments, blog posts and opinion at The Indian Express. S. R. O. National Company Law Appellate Tribunal : Important Notice. Tagged Competition Appellate Tribunal-India, Competition Commission of India, Competition Law and Telecommunications. In an interesting development, the Supreme Court of India (Supreme Court) has overturned the Competition Appellate Tribunal’s (COMPAT) order and confirmed the Competition Commission of India’s (CCI) order confirming abuse of dominance by multi-system operators (MSOs).The Supreme Court not only interpreted the provisions of section 4 of the Competition Act, 2002 (Competition Act) … PTI. It made provision for the establishment of the Competition Commission. 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