ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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NEW DELHI-Pulling Out the Teeth

NEW DELHI Pulling Out the Teeth THE Company Law Ministry has, after many months of hard labour by its top officers, formulated a new set of Rules under the Monopolies and Restrictive Trade Practices Act. The new Rules, which are to be notified in the Gazette shortly, relate to the requirement under the Act to classify goods in respect of which an undertaking may be considered 'dominant' and may attract the relevant provisions of the Act. The classification of goods for this purpose and their listing is of considerable significance for the effective operation of the Act. The manner in which this job has been done and the final outcome of the effort are revealing.

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