The Ministry of Corporate Affairs (MCA) on October 26, 2023, issued the Competition (Form of Publication of Guidelines) Rules, 2023.
The guidelines issued by the Commission shall specify the following: -
• title of the guidelines;
• date from which such guidelines shall be effective;
• one paragraph shall contain only one sentence and one aspect of guidelines and should not have multiple sentences and aspects;
• one paragraph shall contain one subject matter of policy;
• the provisions shall be drafted in precise, clear and simple language; and
• any other details relevant to any particular guidelines.
They shall come into force on October 26, 2023.
[Notification No. G.S.R. 795(E)]
