Loading...
Are you looking for a legal research tool ?
Get Started
Do check other products like LIBIL, a legal due diligence tool to get a litigation check report and Case Management tool to monitor and collaborate on cases.

COMPETITION COMMISSION OF INDIA (TERM OF THE SELECTION COMMITTEE AND THE MANNER OF SELECTION OF PANEL OF NAMES) RULES, 2008

COMPETITION COMMISSION OF INDIA (TERM OF THE SELECTION COMMITTEE AND THE MANNER OF SELECTION OF PANEL OF NAMES) RULES, 2008

Preamble - COMPETITION COMMISSION OF INDIA (TERM OF THE SELECTION COMMITTEE AND THE MANNER OF SELECTION OF PANEL OF NAMES) RULES, 2008

COMPETITION COMMISSION OF INDIA (TERM OF THE SELECTION COMMITTEE AND THE MANNER OF SELECTION OF PANEL OF NAMES) RULES, 2008

PREAMBLE

In exercise of the powers conferred by clause (a) of sub-section (2) of section 63 read with sub-section (2) of section 9, of the Competition Act, 2002 (12 of 2003) and in supersession of the Competition Commission of India (Selection of Chairperson and other Members of the Commission) Rules, 2003 the Central Government hereby makes the following rules, namely


Rule 1 - Short title and commencement

(1) These rules may be called the Competition Commission of India (Term of the Selection Committee and the manner of selection of panel of names) Rules, 2008.

(2) They shall come into force on the date of their publication in the Official Gazette.


Rule 2 - Definitions

(1) In these rules, unless the context otherwise requires, -

(a) 'Act' means the Competition Act, 2002 (12 of 2003);

(b) 'Committee' means the Selection Committee constituted under sub-section (1) of section 9 of the Act.

(2) Words and expressions used but not defined in these rules and defined in the Competition Act, 2002 (12 of 2003) shall have the same meaning assigned to them in that Act.


Rule 3 - Term of the Committee

The term of the Committee constituted under sub-section (1) of section 9 shall be for a period of one year from the date of its constitution.


Rule 4 - Manner of Selection of a panel of names

(1) Whenever any vacancy of Chairperson or other Members of the Commission exists or as and when such vacancy arises or is likely to arise, the Central Government may make a reference to the Committee in respect of such vacancy or vacancies for recommendation of a panel of names.

(2) The Committee shall devise its own procedure for selecting the persons for inclusion in the panel of names to be recommended for appointment as the Chairperson or a Member of the Commission.

(3) The Committee shall make its recommendations to the Central Government, within a period not exceeding one hundred and twenty days from the date of reference made under sub-rule (1).

(4) 1[An officer not below the level of Joint Secretary] nominated by the Ministry of Corporate Affairs shall be the Convener of the Committee.

__________________________________________

1. 1. Substituted by the Competition Commission of India (Term of the Selection Committee and the Manner of Selection of Panel of Names) Rules, 2008 vide Notification No. GSR259(E) dated 20.04.2009 for the words : "The Joint Secretary"


Rule 5 - Functions of Committee

On a reference made by the Central Government, -

(i) the Committee shall recommend a panel of not more than three persons, selected under sub-rule (2) of rule 4, 1[in order of merit] in respect of each vacancy that has been referred to the Committee.

(ii) the Committee shall review the appointments made to the Competition Commission of India before the commencement of these rules and make appropriate recommendations, in respect of such appointments.

_________________________________________

1. 2. Inserted by the Competition Commission of India (Term of the Selection Committee and the Manner of Selection of Panel of Names) Amendment Rules, 2014 vide Notification No. GSR729(E) dated 15.10.2014.