Under what circumstances the Central Government may remove the Chairperson or any member of the Competition Commission of India under the Competition Act, 2002?

CS Executive · Economic, Business and Commercial Laws · PYQS · June 2023
Under what circumstances the Central Government may remove the Chairperson or any member of the Competition Commission of India under the Competition Act, 2002?

Answer & Explanation:

Under Section 11(2) of the Competition Act, 2002 in the following circumstances the Central Government may, by order, remove the Chairperson or any Member from his office if such Chairman or Member as the case may be, - is, or at any time has been, adjudged as an insolvent; or has engaged at any time, during his term of office, in any paid employment; or has been convicted of an offence which, in the opinion of the Central Government, involves moral turpitude; or has acquired such financial or other interest as it likely to affect prejudicially his functions as a member; or has so abused his position as to render his continuance in office prejudicial to the public interest; or has become physically or mentally incapable of acting as a member.

Topics: Competition Act, 2002

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