Home Acts & Rules Indian Laws Indian Laws - Acts Competition Act, 2002 Chapters List Chapter VIIIA APPELLATE TRIBUNAL This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Section 53A - Establishment of Appellate Tribunal - Competition Act, 2002Extract CHAPTER VIIIA 1 [ APPELLATE TRIBUNAL] 2 [Appellate Tribunal. 53A. The National Company Law Appellate Tribunal constituted under section 410 of the Companies Act, 2013 (18 of 2013) shall, on and from the commencement of Part XIV of Chapter VI of the Finance Act, 2017, be the Appellate Tribunal for the purposes of this Act and the said Appellate Tribunal shall- (a) hear and dispose of appeals against any direction issued or decision made or order passed by the Commission under 3 [ sub-section (6) of section 6, sub-sections (2), (2A), (6) and (9) of section 26 ] , section 27, section 28, section 31, section 32, section 33, section 38, section 39, section 43, section 43A, section 44, section 45 or section 46 of this Act; and (b) adjudicate on claim for compensation that may arise from the findings of the Commission or the orders of the Appellate Tribunal in an appeal against any finding of the Commission or under section 42A or under sub-section (2) of section 53Q of this Act, and pass orders for the recovery of compensation under section 53N of this Act. ] ************ Notes 1. Substituted vide FINANCE ACT, 2017 before it was read as Competition Appellate Tribunal 2. Substituted vide FINANCE ACT, 2017 before it was read as Establishment of Appellate Tribunal. 53A. (1) The Central Government shall, by notification, establish an Appellate Tribunal to be known as Competition Appellate Tribunal,- ( a ) to hear and dispose of appeals against any direction issued or decision made or order passed by the Commission under sub-sections (2) and (6) of section 26, section 27, section 28, section 31, section 32, section 33, section 38, section 39, section 43, section 43A, section 44, section 45 or section 46 of this Act; ( b ) to adjudicate on claim for compensation that may arise from the findings of the Commission or the orders of the Appellate Tribunal in an appeal against any finding of the Commission or under section 42A or under sub-section (2) of section 53Q of this Act, and pass orders for the recovery of compensation under section 53N of this Act. (2) The Headquarter of the Appellate Tribunal shall be at such place as the Central Government may, by notification, specify. 3. Substituted vide Competition (Amendment) Act, 2023 dated 11-04-2023 before it was read as, sub-sections (2) and (6) of section 26
|