Essential Commodities (Amendment) Bill, 2020: Key Facts

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On September 15, 2020, Lok Sabha passed the bill to amend Essential Commodities Act, 1955. The bill seeks to deregulate food items, pulses, cereals and onion. Highlights The amendment is already being implemented as ordinance. The GoI, in June 2020, promulgated the Essential Commodities (Amendment) Ordinance, 2020. Key features of the bill The amendment empowers Read More...

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NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

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The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty of Rs 38.05 crore imposed by the Competition Commission of India (CCI) on 18 sugar mills and two trade associations. The penalty was related to bid rigging in a joint tender for ethanol procurement. The NCLAT ruled that the CCI's order was illegal and did not comply with the principles of natural justice. from Agriculture-Economy-News-Economic Times https://ift.tt/UwRa5Jc
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