Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Contact Info
Unit 266, 267 & 268, Tower B1, Spaze Itech Park Sohna Road Gurugram, Haryana 122018 connect@complinity.com +91 8181 900 600
Follow Us

A Multi-Concept Theme for Digital Agencies and Startups

8181 900 600 Request a Demo Login
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
Mobile Logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Legal Central Ministry of Law and Justice Competition Act, 2002

Issuance of Competition (Amendment) Act, 2023

11-Apr-2023 | CG-DL-E-11042023-245101

The Ministry of Law and Justice has issued the Competition (Amendment) Act, 2023 to further amend the provisions under Competition Act, 2002, it shall be effective on distinctive dates that may be appointed for different provisions of this Act and any such reference shall be construed as a reference to the coming into force of that provision.

Highlights of the amendment are:
1. The word Companies Act, 1956 appearing in the Act shall be substituted with the Companies Act, 2023
2. In section 3(3)(a) of Competition Act, 2002 which states that any agreement entered into between enterprises or associations of enterprises or persons or associations of persons or between any person and enterprise or practice carried on, or decision taken by, any association of enterprises or association of persons, including cartels, engaged in identical or similar trade of goods or provision of services, which directly or indirectly determines buying or sale price) - after the proviso, the following proviso shall be inserted, namely- "Provided further that an enterprise or association of enterprises or a person or association of persons though not engaged in identical or similar trade will also be assumed to be a party to the agreement under this sub-section if it participates or plans to participate in the furthering of such agreement."
3. In section 16(1) of Competition Act of 2002, the words "Central Government may, by notice" shall be replaced with the phrase "Commission may, with the prior consent of the Central Government."

For more details, please refer to the attachment.

Upgrade to paid version to access the Notification, Circular & Rules along with the checklist

Get Legal Updates in your email

Request a Demo

Recent Posts in Corporate Laws

Corporate Laws

CDSL- Reiteration of SEBI Circular on Norms for sharing and usage of price data for educational purposes

12-May-2026 | CDSL/OPS/DP/POLCY/2026/321

CDSL has reiterated the SEBI Circular on the norms for sharing and usage of price data for educational purposes, effective from July 01, 202

Read More
Corporate Laws

CDSL- Incorporation of Lock-In of Pre-Issue Capital during Initial Public Offering

04-May-2026 | CDSL/OPS/RTA/CAIPO/2026/128

CDSL has issued a communique on the incorporation of Lock-In of Pre-Issue Capital during Initial Public Offering. Through this communique,

Read More
Corporate Laws

CDSL- Reiteration of SEBI Circular on Fast-Track Mechanism for Processing of Placement Memorandum of AIFs filed with SEBI (“PaRRVA”)

04-May-2026 | CDSL/OPS/RTA/POLCY/2026/129

CDSL has reiterated the SEBI circular on the Fast-Track Mechanism for Processing of Placement Memorandum of AIFs filed with SEBI (“PaR

Read More
Corporate Laws

CDSL- Reiteration of SEBI Circular on Operationalisation of Past Risk and Return Verification Agency (“PaRRVA”)

14-May-2026 | CDSL/OPS/RTA/POLCY/2026/130

CDSL has reiterated the SEBI circular on the operationalisation of Past Risk and Return Verification Agency (“PaRRVA”). Key hig

Read More

Recent Posts

7

7

7 | 7

7

Read More

|

Read More
I

I

I | I

I

Read More
2

2

2 | 2

2

Read More
Request a Demo

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Complinity Logo Transparent

Complinity is a comprehensive cloud-based Compliance Management Software that helps track and monitor statutory and regulatory compliances.

Quick Links
  • Compliance Software
  • Regulatory Compliance Software
  • Statutory Compliance Software
  • Compliance Tracking Software
  • Legal Updates
Contact Info
Unit 266, 267 & 268, Tower B1
Spaze Itech Park, Sohna Road
Gurugram, Haryana 122018
connect@complinity.com
+91 8181 900 600

Request a Demo

© 2026 Complinity Technologies Private Limited. | Privacy Policy | Data Processing Addendum

Design & Developed By  Infinite IT Solutions

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Powered by EssentialPlugin

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Thank You for your interest in Complinity. Your CV has been forwarded to HR.
In case your profile is shortlisted, HR shall contact you.