Act Number: 12

Act Name: The Competition Act, 2002

Year: 2003

Enactment Date: 2003-01-13

Long Title: An Act to provide, keeping in view of the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade carried on by other participants in markets, in India, and for matters connected therewith or incidental thereto.

Ministry: Ministry of Corporate Affairs

Department:

Section 53L: Restriction on employment of Chairperson and other Members of Appellate Tribunal in certain cases.
    1[253L. [Restriction on employment of Chairperson and other Members of Appellate Tribunal in certain cases.] Omitted by s. 171, ibid. (w.e.f. 26-5-2017).]
Notes:
1. Ins. by Act 39 of 2007, s. 43 (w.e.f. 12-10-2007).
2. 20-12-2007,vide S.O. No. 2167(E), dated 20-12-2007
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