Section 66 of CA, 2002 : Section 66: Repeal And Saving

Explanation using Example

Imagine a company, XYZ Corp, had been under investigation for alleged monopolistic trade practices under the Monopolies and Restrictive Trade Practices Act, 1969. However, before the investigation could conclude, the Competition Act, 2002 came into effect, repealing the 1969 Act. According to Section 66 of the Competition Act, 2002:

• The investigation into XYZ Corp would not simply cease. Instead, it would be transferred to the appropriate authority under the new Act, ensuring cont...

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