Home India The Competition Commission of India These regulations may be called the Competition Commission o...
Date: 2015-06-27 Category: Extra Ordinary State: Union Government Country: India

These regulations may be called the Competition Commission of India (Procedure for Engagement of Experts and Professionals) Amendment Regulations, 2015.

Issued by The Competition Commission of India · NOT available

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Executive Summary & Key Takeaways

Executive Summary: This notification announces amendments to the Competition Commission of India (CCI) Procedure for Engagement of Experts and Professionals Regulations, 2009. The amendments, effective from the date of publication in the Official Gazette, concern the remuneration of experts and professionals, including research associates, engaged by the CCI. The notification was issued on June 18, 2015, and published on June 27, 2015. Key Points / Main Content: Amendment Regulations Overview: * The short title of these regulations is the "Competition Commission of India Procedure for Engagement of Experts and Professionals Amendment Regulations, 2015." * The regulations come into force on the date of their publication in the Official Gazette. Remuneration Adjustments: * When the CCI increases remuneration for different categories of experts and professionals (including research associates) through amendments in Schedule III, the remuneration of existing experts and professionals (including research associates) will also be increased by the same amount, category-wise. * The term "Remuneration of existing experts and professionals including research associates" includes increments upon renewal of contracts, if any. Schedule III Amendments: * Revised lump sum monthly remuneration (including research associate pay) based on the level of expert/professional. * Level I: ₹40,000 with a 10% increase upon completion of each year. * Level II: ₹60,000 with a 10% increase upon completion of each year. * Level III: ₹85,000 with a 10% increase upon completion of each year. * Level IV: ₹110,000 with a 10% increase upon completion of each year. * Level V: ₹135,000 with a 10% increase upon completion of each year. Impact Analysis: CCI Experts and Professionals (including Research Associates): * Impact: Potential increase in monthly remuneration based on their level and years of service, as per the revised Schedule III. * Action Required: Review their current remuneration and contract terms to understand the potential impact of the amendments and ascertain revised payments. Competition Commission of India (CCI): * Impact: Changes to the financial and administrative processes for expert and professional engagement. * Action Required: Implement the revised remuneration structure as per Schedule III and update relevant internal policies and procedures.

Key Entities Referenced

Competition Commission of India: The primary organization issuing the notification and responsible for regulating competition in India. Competition Act, 2002: The governing legislation that empowers the Competition Commission of India. Competition Commission of India Procedure for Engagement of Experts and Professionals Regulations, 2009: The original regulations being amended by this notification, concerning the hiring of experts and professionals. Competition Commission of India Procedure for Engagement of Experts and Professionals Amendment Regulations, 2015: The title of the amendment regulations introduced in the notification. New Delhi: Location where the notification was issued. Official Gazette: The official publication where the notification is to be published to bring it into effect. Schedule III: The schedule within the 2009 Regulations that specifies the remuneration levels for experts and professionals, and which is being amended. Smita Jhingran: Secretary of the Competition Commission of India, as indicated by the signature at the end of the notification.
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L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx III—[k.M 4 PART III —Section 4 izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 230] ubZ fnYyh] 'kfuokj] twu 27] 2015@vk"kk<+ 6] 1937 No. 230] NEW DELHI, SATURDAY, JUNE 27, 2015/ASHADHA 6, 1937 Hkkjrh; ÁfrLi/kkZ vk;ksx vf/klwpuk ubZ fnYyh] 18 tuw ] 2015 la- ,&12015@1@2015&,pvkj@lhlhvkbZ.—Hkkjrh; ÁfrLi/kkZ vk;kxs ] ÁfrLi/kkZ vf/kfu;e] 2002 ¼2003 dk 12½ dh /kkjk 17 dh mi&/kkjk ¼3½ d s lkFk ifBr /kkjk 64 dh mi&/kkjk ¼2½ d s [kMa ¼?k½ }kjk ÁnÙk ’kfDr;k sa dk Á;kxs djr s gq,] ,rn~}kjk Hkkjr dk ÁfrLi/kkZ vk;kxs ¼fo’k"skKk sa vkSj o`fÙkdk sa d s fu;kts u d s fy, ÁfØ;k½ fofu;e] 2009 e sa fuEufyf[kr vkSj l’akk/s ku djrk gS] vFkkZr~%& 1- Lakf{kIr uke vkSj ÁkjaHk%& ¼1½ bu fofu;ek sa dk lfa{kIr uke Hkkjr dk ÁfrLi/kkZ vk;kxs ¼fo’k"skKk sa vkSj of`Ùkdk sa d s fu;kts u d s fy, ÁfØ;k½ l’akk/s ku fofu;e] 2015 gS A ¼2½ ; s fofu;e jkti= e as mud s Ádk’ku dh rkjh[k dk s Áo`Ùk gkxsa s A 2- Hkkjr dk ÁfrLi/kkZ vk;kxs ¼fo’k"skKk sa vkSj o`fÙkdk sa d s fu;kts u d s fy, ÁfØ;k½ fofu;e] 2009 ¼ftl s ble as bld s i’pkr~ eyw fofu;e dgk x;k gS½ e sa1( ¼1½ eyw fofu;e e&sa ¼d½ fofu;e 6 e sa fo|eku ijarqd d s Åij fuEufyf[kr ijarqd tkMs k tk,xk] vFkkZr%& ÞIkjarq ;g fd tc dHkh vk;kxs }kjk vuql/a kku v/;srkvk sa lfgr fo’k"skKk sa vkSj of`Ùkdk sa d s fofHkUu ÁoxksZ a dk s lna Ùk fd, tku s oky s ikfjJfed dh jkf’k e sa vuqlpw h 3 e sa l’akk/s ku d s ek/;e l s o`f} dh tkrh gS rk s vuql/a kku v/;srkvk sa lfgr fo|eku fo’k"skKk sa vkSj of`Ùkdk sa d s ikfjJfed e sa Hkh mruh gh jkf’k dh of`} dh tk,xh ¼iaaaaa zoxZokj ikfjJfed dh jkf’k e sa o`f}½ vuql/a kku v/;srkvk sa lfgr fo|eku fo’k"skKk sa vkSj of`Ùkdk sa d s ikfjJfed l s vuql/a kku v/;srkvk sa lfgr ,sl s fo|eku fo’k"skKk sa vkSj o`fÙkdk sa }kjk çkIr fd;k tku s okyk ,d eq’r ekfld ikfjJfed vfHkçsr gS [ftld s varxZr lfaonk ¼lfaonkvk½sa d s uohdj.k ij osruo`f} ¼osruo`f};k½a] ;fn dkbs Z gk]s Hkh g Sa ]Aß ¼[k½ fofu;e 6 d s fo|eku ijarqd e sa Þijarq ;g fdß ’kCnk sa d s LFkku ij Þijarq ;g vkSj fdß ’kCn j[k s tk,xa sa A ¼x½ vuqlpw h & 3 e sa ß,d eq’r ekfld ifjJfedÞ l s lca f/kr LrHa kk sa dh Áfof"V;k sa d s LFkku ij fuEufyf[kr çfof’V;k a j[kh tk,xa h] vFkkZr~ %& vuqla/kku v/;srk lfgr] ,deq’r ekfld ikfjJfed 2853 GI/2015 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III —Section 4] fo’ks"kK vkSj o`fÙkd dk Lrj I 40]000 #i,] fu;kts u dk ÁR;ds o"kZ iwjk gkus s ij 10 Áfr’kr o`f) d s lkFk II 60]000 #i,] fu;kts u dk ÁR;ds o"kZ iwjk gkus s ij 10 Áfr’kr o`f) d s lkFk III 85]000 #i,] fu;kts u dk ÁR;ds o"kZ iwjk gkus s ij 10 Áfr’kr o`f) d s lkFk IV 1]10]000 #i,] fu;kts u dk ÁR;ds o"kZ iwjk gkus s ij 10 Áfr’kr o`f) d s lkFk V 1]35]000 #i,] fu;kts u dk ÁR;ds o"kZ iwjk gkus s ij 10 Áfr’kr o`f) d s lkFk [foKkiu&III@4@vlk-@187&,e@15@¼115½] fLerk f>xa ju] lfpo 1- Ekyw fofu;ek sa dk s Hkkjr d s jkti=] vlk/kkj.k] Hkkx III] [kMa 4] rkjh[k 15 ebZ] 2009 esa vf/klpw uk l-a vkj&40007@6 lca -&fo’k"skK@vf/k-@04@lhlhvkbZ rkjh[k 15-05-2009 }kjk Ádkf’kr fd;k x;k Fkk A THE COMPETITION CO MMISSION OF INDIA NOTIFICATION New Delhi, the 18th June, 2015 No A-12015/1/2015-HR/CCI.—In exercise of the powers conferred by clause (d) sub-section (2) of Section 64, read with sub-section (3) of section 17 of the Competition Act, 2002 (12 of 2003) the Competition Commission of India hereby makes the following regulations to amend the Competition Commission of India (Procedure for Engagement of Experts and Professionals) Regulations, 2009, namely:— 1. Short title and commencement.– (1) These regulations may be called the Competition Commission of India (Procedure for Engagement of Experts and Professionals) Amendment Regulations, 2015. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Competition Commission of India (Procedure for Engagement of Experts and Professionals) Regulations, 2009 (hereinafter referred to as the principal regulations)1 :— (I) in the principal regulations— (a) in Regulation 6 the following proviso shall be added above the existing proviso:- “Provided that as and when the remuneration to be paid by the Commission to different categories of experts and professionals including research associates is increased by an amount through amendment in Schedule III, the remuneration of existing experts and professionals including research associates shall also be increased by such amount (amount of increase in remuneration category-wise). Remuneration of existing experts and professionals including research associates shall mean the lump sum monthly remuneration received by such existing experts and professionals including research associates [including increment(s) upon renewal of contract(s), if any].” (b) in the existing proviso in Regulation 6, after the word ‘Provided’ the word ‘further’ shall be added. 1 The Principal Regulations were published vide Notification No R-40007/6/ Reg- Expert/ Noti/ 04- CCI dated 15.05.2009 in the Gazette of India, Extraordinary, Part III, Section 4, Dated 15th May, 2009¹Hkkx IIIµ[k.M 4º Hkkjr dk jkti=k % vlk/kj.k 3 (c) in Schedule III, for the entries in columns relating to “Level of expert and professionals” and “Lump sum monthly remuneration” the following entries shall be substituted, namely:— Level of expert and professional Lump sum monthly remuneration including research associate I ```` 40,000 with 10 per cent increase on completion of each year. II ```` 60,000 with 10 per cent increase on completion of each year. III ```` 85,000 with 10 per cent increase on completion of each year. IV ```` 110, 000 with 10 per cent increase on completion of each year. V ```` 135, 000 with 10 per cent increase on completion of each year. [ADVT-III/4/Exty./187-M/15/(115)] SMITA JHINGRAN, Secy. Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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