Explain the provisions regarding "Meetings of Commission" under Section 22 of The Competition Act, 2002.

CS Executive · Economic, Business and Commercial Laws · PYQS · June 2023
Explain the provisions regarding "Meetings of Commission" under Section 22 of The Competition Act, 2002.

Answer & Explanation:

Section 22 of the Competition Act, 2002 provides that the Commission shall meet at such times and places, and shall observe such rules and procedure in regard to the transaction of business at its meetings as may be provided by regulations. The Chairperson, if for any reason, is unable to attend a meeting of the Commission, the senior-most Member present at the meeting, shall preside at the meeting. All questions which come up before any meeting of the Commission shall be decided by a majority of the Members present and voting, and in the event of an equality of votes, the Chairperson or in his absence, the Member presiding, shall have a second or/casting vote. However, the quorum for such meeting shall be three Members.

Topics: Competition Act, 2002

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