[ad_1] Amidst a rising tussle between the Centre and Judiciary over energy to nominate judges and members of Tribunals and Regulatory Our bodies, the Centre has fired a recent salvo towards the Judiciary by holding the judges away from the zone of consideration itself for the posts of members in Competitors Fee of India (CCI).In a discover issued by the Ministry of Company Affairs (MCA) for filling up three posts of members in CCI, the Centre has “invited” purposes from “eligible officers within the Central authorities/State governments/UTs, who’re and will be spared within the occasion of choice,” successfully ruling out…
Author: KR Srivats
[ad_1] In what might be a aid for India Inc, the Company Affairs Ministry has now allowed Firms —whose Annual Normal Conferences (AGMs) are due within the 12 months 2023 —to carry them via Video Convention (VC) mode until September 30 subsequent 12 months.The MCA, in a separate transfer, has allowed corporations to carry their extraordinary normal conferences (EGMs) through video convention and transact gadgets via postal poll until finish September subsequent 12 months. “In continuation to this Ministry’s Normal round dated Might 5 , 2020 and Normal round Might 5, 2022, it has been determined to permit the businesses whose…
[ad_1] Finance Minister Nirmala Sitharaman on Thursday requested the Competitors Fee of India (CCI) to benchmark itself towards world finest practices within the quickly evolving digital markets.“As we evolve to be a digital financial system, the challenges that digitisation brings are additionally essential to deal with,” Sitharaman mentioned whereas nearly inaugurating CCI’s western regional workplace in Mumbai.The Minister’s remarks assume significance within the mild of competitors enforcement authorities within the European Union assuming forefront within the world push to rein in tech giants. In truth, between 2017 and 2019, the European Fee had slapped three anti-trust penalties, totaling over $8 billion…