Regarding the Competition Commission of India (CCI), consider the following statements:

It is an executive body that aims to establish a strong competitive environment.

Appeals against the orders of the CCI lie with the National Company Law Appellate Tribunal (NCLAT).

Select the correct option:

Question

The Competition Commission of India (CCI) is a statutory body established by the Government of India to enforce the provisions of the Competition Act, 2002.
In 2017, the government replaced the Competition Appellate Tribunal (COMPAT) with the National Company Law Appellate Tribunal (NCLAT) for hearing appeals against the orders of the CCI, in line with the provisions of the Act.

GKToday Admin · Accepted Answer

Only 2

The Competition Commission of India (CCI) is a statutory body established by the Government of India to enforce the provisions of the Competition Act, 2002.
In 2017, the government replaced the Competition Appellate Tribunal (COMPAT) with the National Company Law Appellate Tribunal (NCLAT) for hearing appeals against the orders of the CCI, in line with the provisions of the Act.

Current Affairs