Monday, 26 May 2014

Whether competition Act will cover agreements covered by the Act though entered into prior to commencement of the Act?

Further in paragraph 10, the Bombay High Court relying on the
decision of R. Rajagopal Reddy case cited (supra), expressed an opinion
that “though the Competition Act is not retrospective, it would cover all the
agreements covered by the Act though entered into prior to the
commencement of the Act and sought to be acted upon”.
COMPETITION APPELLATE TRIBUNAL
CORAM
Hon’ble Mr. Justice V.S. Sirpurkar
Chairman
Hon’ble Shri Rahul Sarin
Member
Hon’ble Mrs. Pravin Tripathi
Member
APPEAL No.20 OF 2011
[Under Section 53B of the Competition Act, 2002 against the order dated 12.08.2011
passed by the Competition Commission of India in Case No. 19/2010]
In the matter of :
M/s. DLF Limited,
DLF Centre, Sansad Marg,
New Delhi – 110 001.
... Appellant
Versus
1. Competition Commission of India,
  Hindustan Times House,
 18-20, Kasturba Gandhi Marg,


Read original judgment here;https://drive.google.com/file/d/0B5vWGtQ14k1BM1Fjb1V6T3Jyam8/edit?usp=sharing

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