Section 53 of CA, 2002 : Section 53: Furnishing Of Returns, Etc, To Central Government
CA, 2002
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Explanation using Example
Imagine a scenario where the Competition Commission of India (CCI), which is responsible for enforcing The Competition Act, 2002, conducts various activities throughout the year. These activities could include investigating anti-competitive practices, deciding on mergers and acquisitions that may affect market competition, and organizing workshops to educate the public and businesses about competition laws.
In accordance with Section 53(1) of The Competition Act, the CCI is required to report to the Central Government about these activities. For example, if the Government ask...
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