Justice GS Singhvi appointed chairman of Competition Appellate Tribunal
Former Supreme Court Judge, G.S.Singhvi, has been appointed the Chairman of the Competition Appellate Tribunal. He retired from the Supreme Court in December 2013.
Justice Singhvi fills in the position that has been vacant since Justice V.S.Sirpurkar retired as Chairman in August. The Triubnal, however, is short of two members.
CCI (Competition Commission of India)
The CCI whose predecessor was the MRTPC (Monopolies and Restrictive Trade Practices Commission) was established to eliminate practices that adversely affect competition in different industries/areas and protect interests of consumers and ensure freedom of trade. The Competition Act of 2002 called for the creation of CCI. However, it was established in 2003 and became fully functional only by 2009. The CCI is a quasi judicial body which gives opinions to statutory authorities and also deals with other cases.
COMPAT (Competition Appellate Tribunal)
COMPAT was also established under the Competition Act of 2002. It was set up by the Centre in 2009. An appeal from a decision of the CCI is made to COMPAT. COMPAT can have one Chairperson and a maximum of two other members, all of whom serve for 5 years. They are all eligible for re-appointment unless they reach the age of 68 in case of Chairperson and 65 in case of members. Only a former SC Judge or CJ of HC can be appointed as Chairperson of COMPAT.
Categories: Persons in News 2017