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notes of competition act, 2002
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‘Competition Law Syllabus
‘Competition Law 201
Competition Law 2016"
7
Competition Law 2017" 10
‘Competition Law 2018: 13
‘Competition Law 2019" 15
Competition law 2020" 18
Competition Law 2021-~94
B.A. LL.B.(HONS.) 5 YEAR COURSE SIXTH SEMESTER
‘Competition Law CODE NO.1754 (2017-18)
Paper Fourth
MM: 80 Marks
‘Time: 3 Hours
NOTE FOR EXAMINER/PAPER SETTER
The question paper of each course will be divided into Five sections, each of the First Four
Sections of the Question Paper will contain 2 questions respectively from Unit-1 to Unit-4 of
the syllabus. The students will be required to attempt one question from each section.
Section 5 of the question paper shall contain & short answer type questions of 3 marks
each(without any choice) covering the entire syllabus. As such Section 5 will be
compulsory. The examiner will be free to set the questions in problem forms based on case
law.
Learning Objective:
The key objectives of competition law are welfare, efficiency, and free and fair
competition. There are distributive dimensions in competition law that are related to different
notions of welfare. An important function of competition law is to prevent private restrictive
business practices and public policies that may unnecessarily impede the redeployment of scarce
resources from lower- to higher valued uses.
NOTE FOR STUDENTS( ON QUESTION PAPER)
Attempt four questions from sections 1 to 4, selecting at least one question from each
section, These questions shall carry 14 marks each. Section 5 is compulsory and each
question in this section shall carry 3 marks
UNIT-I: COMPETITION ACT 2002
Background, Prohibitions, Competition Commission of India, Competition Advocacy
UNIT-
: CORPORATE FINANCE & REGULATORY FRAMEWORK
SEBI Act, 1992, The Securitisation & Reconstruction of Financial Assets & Enforcement of
Security Interest Act, 2002
UNIT-II: REGULATORY FRAMEWORK FOR FOREIGN TRADE, MULTINATIONAL
COMPANIES
Foreign Trade (Development Regulation) Act, 1992
UNIT-IV: FOREIGN EXCHANGE MANAGEMENT ACT, 1999
Background, Policies, Authorities95
BOOKS RECOMMENDED
Pardeep S. Mehta, Competition and Regulation in India, (CUTS Intemational, 2011)
Richard Whish & David Balley, Competition Law, (Oxford, Online Resource Centre, 7"
Ed)
Abir Rao & Jayant Kumar, Competition Law, (2010, 1" Ed.)
Sanjiv Agarwal. Investor Guide to Stock Market (Latest Ed.)
V.A. Avadhani. SEBI guidelines and listing of Companies (Himalaya Publishing House,
Latest Ed.)
Bal Krishan Marta. Security Market in India (Latest Ed.)
Dr. Chandrate, Dr. $.D. Irani, Capital Issues SEBI & Listing (Latest Fd.)
RP. Hooda. Indian Securities Market (Latest Ed.)
BLL. Mathur. Indian Capital Market Challenges and Responses (Latest Ed.)
Ravi Puliani and Mahesh Puliani, SEB/ Manual (Latest Ed.)
V.K. Aggarwal. Consumer Protection Law & Practice. (Latest Ed.)
Competition Act 2002
Security Contracts(Regulation) Act 1956
SEBI Act 1992
Depositaries Act 1996
Foreign Trade (Development & Regulation) Act, 1992
FEMA 1999
*Students are advised to study latest edition of the books and case laws.Roll No
9637-A
LL.B. Honours 5 Year Course
7th Semester/LL.B (Hons) 3 Year
Course 3rd Semester
(New Scheme) Examination—
December, 2015
Competition Law-IV (New) P Code 704
Paper : P-IV (New)
Time : 3 hours Max. Marks : 80
Before answering the questions, candidates
should ensure that they have been supplied
the correct and complete question paper. No
complaint in this regard will be entertained
after the examination.
Note : Attempt four questions from Sections 1
to 4 selecting at least one question from
cach section. These questions shall carry
14 marks each. Section 5 is compulsory
and cach question in this section shall
carry 3 marks.
9637-A-1000-(P-4(-9)(15) (1) [Turn OverSection-I
1. Discuss the recommendations and suggestions
of Raghavan Committee.
2. Explain the powers, functions and duties of
the Competition Commission of India.
Section-II
3, What do you mean by ‘Securitization’ ?
Discuss the advantages of securitization.
4. Discuss the powers of SEBI under the SEBI
Act, 1992.
Section-III
Explain the powers of Central Government to
make order and announce Foreign Trade
9837-A-1000-(P-4)(-9)(15) (2)Policy under Foreign Trade (Developmer
and Regulation) Act, 1992.
6. Discuss the different provisions for the
development and regulation of Foreign
‘Trade
Section-IV
7. What are the powers and functions of
Enforcement Director under FEMA 1999 ?
8, What are the provisions of adjudication and
appeal in FEMA 1999.
Section-V
9, Write notes on the :
(i) What do you mean by ‘Agreement’ ?
(ii) What do you understand by ‘Relevant
Geographic Market’ ?
9697-A-1000(-4)(0-9)115) (3) [Turn Over(iii) Write a note on anti competitive
agreement
fiv) What do you mean by the Phrase
‘Appreciable Adverse Affect (AAA)’ ?
(v) Explain briefly ‘Abuse of Dominant
Position’.
(vi) Write a short note on ‘Insider Trading’.
(vii) Discuss the ‘Capital Account
‘Transaction’,
{vili) How do people of Indian origin-contribute
to FDI in India ?
9837-A-10004P-4y(0-9)(15) (4)»
Roll No.
9637-A
LL. B. (Honours) 7th Sem. 5 Year Course/
LL. B. (Hons.) 3rd Semester 3 Year Course
(New Scheme) December, 2013
Examination — November, 2016
COMPETITION LAW - IV (NEW) P. Code - 704
Paper: P-IV
‘Time : Three Hours ] [Maximum Marks : 80
Before answering the questions, candidates should ensure that they
have been supplied the correct and complete question paper. No
complaint in this regard, will be entertained after examination.
Not
Attempt four questions from Section I to IV,
selecting at least one question from each
Section. These questions shall carry 14 marks each,
Section V is compulsory and each question in this
section shall carry 3 marks.
SECTION -1
1, Discuss the reasons which led to the adoption and
enforcement of the Competition Act, 2002
9837-A-20004(P:3}(0-9)16) RTOS2. What are the anti-competitive agreement ? Discus: che
role of competition commission of India in prohibiting
these agreement
SECTION - II
3. Explain the functions of SEBI under SEBI Act, 1992.
4. Discuss the role of ‘Special Purpose Vehicle’ under
Sccuritization and Reconstruction of Financial Assets
and Enforcement of Security Interest Act, 2002.
SECTION - Ill
5. Discuss the salient features of the Foreign Trade
(Development and Regulation) Act, 1992.
6. What are the powers and functions of the adjudicating.
and other authorities under Foreign Trade
(Development and Regulation) Act, 1992?
| SECTION -IV
7. Discuss the composition, powers and functions of
Appellate Tribunal under FEMA 1999.
| 8. Explain the duties and powers of Enforcement
Director under FEMA 1999.
9637-A-2000-(P-3)0-9)(16) (2)SECTION -V
9. (i) Who isa ‘Person Resident in-India ?
(i) Write anote on Foreign Exchange.
(iii) What is the main object of SEBI Act 1992 ?
(iv) What do you mean by ‘Relevant Product Market’ ?
(v) Define the Cartel.
(vi) What do you mean by Share?
(vii) What agreements cause an adverse effect on
‘competition ?
(viii) What do you understand by borrower ?
9637-A-2000-(P-3)(0-9)(16) (3)9637-A
BA LLB (Hons.) 5 Year Course 7th
Semester Common with LLB (Hons.)
3 Year Course 3rd Semester
Examination — November, 2017
COMPETITION LAW (New) (w.e.f. Dec. - 13)
Paper : 704
Time: Three Hours] [Maximum Marks : 80
Before anscwering the questions, candidates should ensure that they have
len supplied the correct and complete question paper. No complaint in
this regard, will be entertained after examination.
Note: Attempt five questions in all, selecting ome question
from each Unit. Question No. 9 (Unit - V) is
compulsory. All questions carry equal marks.
UNIT =I
1. What are the objectives of competition Act, 2002, How
would the objectives of the Act be achieved.
2. What are the provision of appeal against any order of
the competition commission ?
19837-A-1950-(P-3(0-8)(17) P.T.O,UNIT - II
Explain the provisions relating to prohibition of
manipulative and deceptive devices, Insider Trading
and substantial acquisition of securities or control
under SEBI Act, 1992.
4. Discuss the methods of recovery under SRFAESI, Act
2002.
UNIT = IIL
5. Discuss the powers of central government to make
orders and announce export and import policy under
foreign trade (development and regulation) Act, 1992.
6. Explain the powers of Central Govt. to search and
seizure under foreign trade (development and
regulation) Act, 1992
UNIT -1V
7. Discuss the composition, powers and functions of
appellate tribunal under FEMA, 1999.
8. Explain nature, scope and salient features of FEMA,
1999.
9637-A-1350-(P-3)(0-9)(17) (2)UNIT-V
9. (a) Anti-competitive agreement
(b) Abuse of dominance
(©) Qualified institutional buyer
(@) Powers of debt recovery tribunal
(©) Penalties under FIDR Act, 1992
() Importer-Exporter code number
(g) Current Account Transaction
(h) Repatriate to Iridia under FEMA, 1999
9637-A-1350-(P-3)(0-9)(17) (3)9637-A
BA. LLB (Hons.) 5 Year Course 7th Semester
(Common with LL-B Hons.) 3 Year Course 3rd Semester)
Examination, November-2018
COMPETITION LAW.
(wef. Dec-13)
Time allowed : 3 hours] [Maximum marks : 80
Note: Attempt four questions from Unit LIV, selecting
one question from cach unit. Unit-V is- compulsory.
< Unit-l
1, — What are the powers and duties of the Competition
Commission of India ? 14
2. Discuss the composition of the Competition
Commission of India. . 14
Unit
3. _ Examine the Establishment, Jurisdictiod, Authority and
Procedure of Appellate ‘Tribunal ander the SEBI Act,
1992, aS" 14
4. Discuss the legal provisions regarding regulation of
Securitisition and Reconstruction of Financial Assets
of Banks And Financial Institutions. 14
- 9637-A-P-2-Q-9(18) [P.T.O.(2) 9637-A
‘Unit-01
5:.-. Discuss the provisions regarding Controls on export
of specified goods, services atid technology. . .14
6. _ Examine the Importer-Exporter Code Number under
the Foreign Trade (Development and Regulation) Act,
1992.
a 14
7... Examine the establishment, composition and powers
of Appellate Tribunal under FEMA, 1999. 14
8. Explain the regulation and management of Foreign
Exchange under FEMA, 1999. 4
Unite¥
9. . Write short notes on the following : 8x3=24
@:
0)
©
@
“()
©
®
®)
9637-A
Regulation of Combinations
Cartel
Collective Investment Scheme
Qualified Institutional Buyer °
Foreign Trade Policy
Capital Account Transaction
Authorised Person under FEMA, 1999,Roll No. ...
9637-A
B. A. LL. B. (Hons.) 5 Year Course 7th
Semester Common with LL. B. (Hons.)
3 Year Course 3rd Semester
Examination — November, 2019
COMPETITION LAW (w.e.f. Dec. - 13)
Paper: 704
Time : Three Hours | [ Maximum Marks : 80
Before answering the questions, candidates should ensure that they
have been supplied the correct and complete question paper. No
complaint in this regard, will be entertained after examination.
Note: Attempt five questions in all, selecting one question
from each Unit. Question No. 9 (Unit — V) is
compulsory. All questions carry equal marks.
UNIT -1
14.. What are the Anti-competitive Agreements ? Discuss
the power of competition commission to restrict such
type of agreements. 14
2. Discuss in detail the power, functions and duties of
the competition commission of India. . 14
9637-A-2500-(P-3)(Q-9)(19) . P.T.O.UNIT ~11
3. Explain the functions of SEBI in regard to Protect the
interest of Investors in securities market. 14
4. What do you mean by securitization and.
reconstruction ? Define — the advantages of
securitization and reconstruction. 14
UNIT =I
- Discuss in detail the salient features of the foreign
trade (Development Regulation) Act, 1992, 14
. Discuss the power of central govt. in relating to
foreign trade policy in present scenario. 14
UNIT -IV
7. Explain in detail the various sectors,
where foreign
investment is prohibited ?
14
. Discuss the objects and background of FEMA, 1999. 14
UNIT-v
9. Explain the following : 3x8=24
(a) Competition Advocacy
(b) Director General
(©) Objects of SEBI
9637-A-2500-(P-3)(Q-9)(19) (2)({d) Prohibitions
(e) Repatriate to India
(f) Capital Account Transaction
(g) Abuse of Dominance
(h) Insider Trading
9637-A-2500-(P-3)(-9)(19) (3)Roll No.
9637-A
BA LLB (Hons.) 5 Year Course 6th sem
(w.e.f. May-2020)
Examination - December, 2020
COMPETITION LAW
Paper : 1754
Time : 1.45 Hours ] [ Maximum Marks :80
Before answering the questions, candidates should ensure that they have
been supplied the correct and complete question paper. No complaint in
this regard, wil be entertained after examination.
Note: Attempt any three questions. All questions carry
equal marks.
1. Explain the establishment, composition and functions
of competition commission of India.
2. Discuss in detail the Regulation of Combination in the
Competition Act, 2002.
9637-A-10S8 -(P-3)(Q-9)(20) P.O!What are the salient features of the Securitiz, ti
: ; : ‘ation an,
reconstruction of Financial Assets and Enfor ca d
: ent of
Security Interest Act, 2002.
4, Discuss in detail the position of SEBI to control th
: le
capital market.
5. Discuss in detail the powers of Central Govt. to make
orders and announce Export and Import Policy.
6. Discuss the various provisions related to Export and
Import Code. Can export or import be made without
export and import code ?
7. What are the Powers, Functions and Duties of
Enforcement Directorate under FEMA Act, 1999?
8. Discuss in detail the legal provisions relating to
adjudication and Appeal in FEMA Act, 1999.
9. Explain the following :
(a) Licence
(b) Cartel
(c) Special Purpose Vehicle
9637-A-. -(P-3)(Q-9)(20) (2)(e)
(f)
(8)
(h)
9637-A-
Non Performing Assets
Securities Appellate Tribunal
Authorised Person
Current Account Transaction
. det
Power of R. B. 1, to issue directions U™
1999.
p-3a-920) (3)‘hups://www.mdustudy.com
9637-A
B.A. LL.B. (Hons.) 5 Year Course 7
‘Semester Common with LL. B. (Hons.)
3 year course 3 rd Semester
Examination - March, 2021
t.- Doc. -13)
COMPETITION LAW (Ww.
Paper : 704
Time : Three hours [Maximo Marks :80
Bjorn qs ites ste en at ey
oe bon supplied the coret and complete guestion paper. No
complaint in this regard wl betertaind afer exainaion.
tions from Unit to Unit lV,
Note: Attempt four ques
selecting one question from each Unit Unit-V is
compulsory
unrr-1
4. What are the salient features and objects of Indian
Competition Act 2002? 4
2. Discuss the powers, functions and duties of the
Competition Commission of Ind. 4
sear aciso(rsyoayen P.T.0
Inups:newwemdustudy.com
‘hups:?/www.mdustudy.com
UNIT =11
3. What kinds of protections are provided to Investors
‘under SEBI Aet, 19927 “4
4. Discuss the objects and salient features of the
securitisation and reconstruction of financial assests
and enforcement of Security interest Act, 2002. 14
unir=m
5. Discuss the powers of Central Government to impose
quantitative restrictions, hitps:/www.mdustedy com 14
6. Examine the powers of Central Government to make
order and announce Foreign Trade policy under
Foreign Trade (Development and Regulation) Act,
1992, 14
unir-1v
7, What are the powers and constitution of authorities
under the foreign Exchange Management Act, 1999 ?
4
8, Discuss the regulation and management of Foreign
Exchange. by 4
soar. aziso(P-syOyen) (2)
Inups:newwemdustudy.com‘hups:?/www.mdustudy.com
unir-v
8 Write shortnoteson thefolowing: «xB =24
(a) Competition advocacy
(b) Abuse of dominant position
(©) Enforcement of Security Interest
(a) Registration erica
(6) Importer-Exporter Code Nomber
% (carat 5
£ authorised Penon :
(9) Composition of Appelate Tribunal under FEMA,
8
scsracicorsvogias) (3)
psn mdustdy com