MCA invites public comments on the Draft Competition (Amendment) Bill, 2020



Quick Summary
The Ministry of Corporate Affairs (MCA) is seeking public feedback on the Draft Competition (Amendment) Bill, 2020. This draft bill aims to update the Competition Act, 2002, following recommendations from a Competition Law Review Committee. Stakeholders can submit their comments exclusively through the provided online portal by the end of business on March 6th, 2020.

Government of India
Ministry of Corporate Affairs
(Competition Section)

Invitation for Public Comments on the Competition (Amendment) Bill, 2020.

Ministry of Corporate Affairs had constituted a Competition Law Review Committee (CLRC) under the Chairmanship of Secretary, Corporate Affairs in October, 2018 to review and recommend a robust Competition regime by taking the inputs of key stakeholders, and suggest changes in both the substantive and procedural aspects of law. Based on comprehensive review of all relevant issues, the Committee had submitted its report to the Government in July, 2019 and recommended certain amendments to the act and subordinate legislations.

2. Accordingly, a Competition (Amendment) Bill, 2020 has been drafted for carrying out amendments in the Competition Act, 2002.

3. Public comments are therefore hereby solicited on the draft Competition (Amendment) Bill , 2020. Copy of the CLRC Report, Competition Act, 2002 as well as Draft Competition (Amendment) Bill may be accessed at the web link mentioned below and comment s. if any. may be submitted online therein by end of business hours on 06th March. 2020 positively

http://feedapp.mca.gov.in

4. Stakeholders may please note that comments should not be sent separately through e-mail or hard copy and should be sent only through the web link created for the purpose.

(Abhijit Phukon)
Director, MCA

Instructions for submitting comments:

  1. Register yourself using the tab ‘Sign Up’
  2. Login using the User Id/Email under the tab ‘Log in’
  3. After login , select the relevant nature i.e. Bill, 2020
  4. On selecting the nature, select the relevant Section from the drop down list
  5. Select the relevant Sub-section number and post your comments in the text box given below
  6. You can edit your comments after it is posted under the Tab ‘My Suggestions’

Source: http://feedapp.mca.gov.in/

FAQ :

The bill has been drafted to introduce amendments to the Competition Act, 2002, based on the recommendations of the Competition Law Review Committee.

The Ministry of Corporate Affairs (MCA) is inviting public comments.

Comments must be submitted by the end of business hours on March 6th, 2020.

Comments must be submitted online through the provided web link. Separate emails or hard copies will not be accepted.

The draft bill, the Competition Act, 2002, and the report of the Competition Law Review Committee can be accessed via the web link provided in the announcement.

Yes, you can edit your comments after they have been posted under the 'My Suggestions' tab.




News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Click here to Login and post comments    OR



More »


Popular News





CCI Pro



Company
29 July 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
31 July 2026
Senior Accountant - Bunia, Democratic Republic of Congo

AD GLOBAL LTD

Mumbai

B.Com

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Follow