India attends G20 Working Group Meeting at Brasilia (See 'Corp Brief') SEBI ICDR Regulations, 2018 - By not locking entire pre-preferential allotment shareholding of two allottees Noticee violated SEBI ICDR Regulations : SEBI (See 'Legal Desk') Arbitration Act - Serving officer of respondent shall act as arbitrator is invalid stipulation which makes it incumbent on Court to appoint independent sole arbitrator to adjudicate disputes : HC (See 'Legal Desk') SEBI Act - Appellant is misleading its investors that it is registered with SEBI as investment advisor and played fraud in violation of IA Regulations : SAT (See 'Legal Desk') CCI okays subscription to CCPS B of API Holdings by MEMG LLP and 360 ONE (See 'Corp Brief') PMLA - Court will not cancel interim bail granted to respondent as interim bail is about to expire within short period of time : HC (See 'Legal Desk') CCI approves 100% acquisition of Lanco Amarkantak Power by Adani (See 'Corp Brief') CGST Act - Case does not fall under ambit of Anti-Profiteering provisions of CGST Act : CCI (See 'Legal Desk') BRO connects strategic Nimmu-Padam-Darcha road in Ladakh (See 'Corp Brief') Arbitration Act - Any party having failed to make substantive claim in arbitral proceedings, cannot seek recovery by way of interim mandatory injunction u/s 17 : HC (See 'Legal Desk') SEBI Act - Trading pattern of appellants with other noticees indicate that there is meeting of mind between appellants and other noticees : SAT (See 'Legal Desk') SARFAESI Act - Respondent shall not take any coercive steps against Petitioner prior to 15th March, 2024 provided Petitioners file appeal before DRAT on or before March 01, 2024 : HC (See 'Legal Desk') Guj Govt sets up Telecom Facilitation Centre to support stakeholders (See 'Corp Brief') SEBI Act - SEBI shall not initiate any enforcement action against Applicant for SAST violations provided representation made in settlement proceedings are subsequently not found untrue : SEBI (See 'Legal Desk') India, Bhutan ink MoUs on clean energy, agriculture & tourism (See 'Corp Brief') PMLA - Surgery of knee cannot be categorized as 'life-threatening situation' and surgery which is to be undergone by applicant is not of such nature which necessitates applicant's release on interim bail only : HC (See 'Legal Desk') NCC, NPCIL ink MoU to raise awareness on peaceful use of nuclear power (See 'Corp Brief') SEBI - Any violation committed by Company which is fraudulent in nature has to be attributed to individual acting as Director at relevant point of time : SAT (See 'Legal Desk') Golden Jubilee Celebration of KVKs held in Puducherry (See 'Corp Brief') PMLA - Court declined to grant bail to Satyendar Jain in money laundering case and also cancelled interim bail granted as there are sufficient material collected by ED to show that he is prima facie guilty of alleged offences : SC (See 'Legal Desk') 42nd IPHE Steering Committee to be hosted by EU (See 'Corp Brief') IBC - Application filed u/s 7 of code can be admitted as debt and default has been established : NCLT (See 'Legal Desk')

India to host International Competition Network Meet in New Delhi

Published: Mar 16, 2018

By TIOLCORPLAWS News Service

NEW DELHI, MAR 16, 2018: INDIA to host 17th Annual Conference of International Competition Network 2018 (ICN2018) between March 21-23, 2018 in New Delhi. While addressing the press conference, the Competition Commission of India's Chairperson, Mr Devender Singh Sikri, said that this is the first time India is hosting the ICN2018 Annual Conference since it joined International Competition Network (ICN) in 2009. The Union Minister for Finance and Corporate Affairs, Mr Arun Jaitley, will inaugurate ICN2018 Annual Conference on March 21, 2018 while Union Minister for Railways and Coal Mr Piyush Goyal will attend the valedictory on the final day of the conference.

CCI Chairperson Mr Sikri said that the ICN is an informal network comprising 138 competition authorities from 125 jurisdictions. This Annual Conference is a key international platform in the field of competition law and policy and its 17th edition will bring together over 500 heads and senior officials of competition authorities, non-governmental advisors, distinguished legal experts and economists from over 100 countries.

Besides CCI Chairperson Mr Sikri, CCI members Mr Sudhir Mital, Mr Augustine Peter, Mr U.C. Nahta and Justice G.P. Mittal also addressed queries by media persons.

The CCI Chairperson further said that the conference is in line with India's ever-growing engagement with the world on vital policy issues. With globalisation and digitalisation blurring the geographical boundaries for business, need for international cooperation and experience-sharing has increased. He said that the Conference will provide an opportunity to exchange ideas and strategies for effective enforcement of competition law and for strengthening cooperation amongst the competition authorities as they strive to promote and sustain competition in rapidly changing markets.

The ICN advocates adoption of superior standards and procedures in competition enforcement around the world, formulates proposals for procedural and substantive convergence, and facilitates effective international cooperation to the benefit of member agencies, consumers and economies worldwide.

Mr Andreas Mundt, President, Federal Cartel Office, Germany and the Chair, ICN Steering Group will preside over the proceedings of the Conference.

The Annual Conference will comprise seven plenary sessions and twenty four breakout sessions. These sessions will cover, inter alia , the following themes:

  1. Special Project on Cartel Enforcement and Competition
  2. Advocacy for the Good Times, the Bad Times or Any Time
  3. Perspectives from the Bench: Litigating competition cases
  4. Vertical Mergers
  5. Online Markets and Vertical Restraints: the Same Old Story?
  6. Incentives, Deterrence and Compensation
  7. Implementation in ICN

Key speakers at the Conference will include among others:

  1. Andreas Mundt, President, Federal Cartel Office, Germany
  2. Devender Kumar Sikri, Chairperson, CCI
  3. Maureen Ohlhausen, Acting Chairman, US Federal Trade Commission
  4. John Pecman, Commissioner of Competition, Canada Competition Bureau
  5. Arjan K. Sikri, Judge, Supreme Court of India
  6. Denis Gascon, Chairperson, Canadian Competition Tribunal
  7. Norman Manoim, Chairperson, Competition Tribunal of South Africa
  8. Isabelle de Silva, President, French Competition Authority
  9. Rod Sims, Chairman, Australia Competition and Consumer Commission
  10. Alejandra Palacios Prieto, Chairwoman, Mexico Federal Economic Competition Commission

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