CS Executive · Economic, Commercial and Intellectual Property Laws · Competition Law
Regarding the Competition Commission of India's status and working under the Act, which statement is correct?
The Commission is a body corporate with perpetual succession and a common seal, able to hold property, contract, and sue or be sued, and it may open offices at other places in India. Its Chairperson and Members are whole-time.
- AIt is an unincorporated advisory body that cannot sue or be sued
- BIt is a body corporate with perpetual succession and a common seal, and may establish offices at other places in IndiaCorrect
- CIts Chairperson and Members may serve part-time
- DIts head office must be in the State where the Chief Justice of India sits
Explanation
The Act makes the Commission a body corporate with perpetual succession and a common seal, able to hold property, contract and sue or be sued. It may establish offices elsewhere in India. The Chairperson and Members are whole-time Members, so part-time service is wrong.
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