CCI Inaugurates First Regional Office in Chennai

On February 26, 2021, the Union Minister for Finance and Corporate Affairs (‘MFCA’) Smt. Nirmala Sitharaman virtually inaugurated the first of the Competition Commission of India’s (‘CCI’) Regional Offices in Chennai. The official press release issued by the Ministry of Corporate Affairs (‘MCA’) stated that the Chennai office of CCI will cater to the requirements of Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, Telangana, and the Union Territories of Puducherry and Lakshadweep.

It will act as an office to facilitate enforcement, investigation, advocacy function in coordination with the Delhi office, and as a centre for coordination of filing of documents, online depositions, etc.  Two more regional offices in Mumbai and Kolkata respectively are planned to be established.

This is a welcome move that will make coordination with the CCI in relation to filings, etc. more convenient for businesses, who have until now had to travel to New Delhi for each engagement with the regulator (though the CCI has been accepting electronic filings and has been conducting pre-filing consultations and hearings by way of video-conferencing in the aftermath of the COVID-19 pandemic).

Published In:Inter Alia Special Edititon - Competition Law - March 2021 [ English
Date: March 15, 2021