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The measure is aimed toward streamlining the method and making certain a extra environment friendly decision of circumstances earlier than the fee.
“With the intention to monitor and monitoring of interlocutory software for fast disposal of circumstances, each such software is required to be registered in working quantity and to be accompanied with a sure payment,” CCI stated in its discover.
The Competitors Fee of India (CCI) has invited stakeholders to submit their feedback by January 1, 2024 on the draft modification in CCI (Basic) Regulation 2009, the regulator stated in a discover on Tuesday.
The proposed modification will contain levying charges for functions that search adjournments, extensions, cross-examinations, the institution of confidentiality rings, third-party functions and impleadment functions, the CCI stated.
By introducing charges for interlocutory functions, the CCI goals to discourage events from submitting pointless requests, in the end fostering a extra disciplined strategy to proceedings and thus contributing to the faster decision of competitors regulation disputes.
