ABUSE OF DOMINANT POSITION


HAS RELIANCE JIO INDULGED IN ABUSE OF DOMINANT POSITION? The Competition Act, 2002 follows the philosophy of contemporary competition laws and aims at encouragement of competition and at protecting Indian markets against anticompetitive practices by enterprises/corporate. The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises, and regulates combinations…

INSOLVENCY AND BANKRUPTCY CODE


INSOLVENCY AND BANKRUPTCY CODE HIGHLIGHTS1 INTRODUCTION Insolvency and Bankruptcy Code is the new institutional and legal mechanism of India for dealing with debt default of corporate, limited liability entities, partnership firms and individuals. The need for such code was felt when Justice Eradi Committee in 1999 introduced changes in the Companies Act…

COMPANIES TO HAVE TWO LAYERS OF SUBSIDIARIES, SAY NEW COMPANIES RULES AS NOTIFIED BY THE MINISTRY OF CORPORATE AFFAIRS


COMPANIES TO HAVE TWO LAYERS OF SUBSIDIARIES, SAY NEW COMPANIES RULES AS NOTIFIED BY THE MINISTRY OF CORPORATE AFFAIRS. READ MORE New Companies rules notified [G.S.R. 1176(E) F. No. 01/13/2013 CL-V (Vol.III) Dt. 20th September 2017] by Ministry of Corporate Affairs now require that corporates can have only two layers…