NEW DELHI : New Delhi: The Competition Commission of India (CCI) has relaxed a rule that insists on the managing director or a director of a business to sign the pleadings made before the watchdog, an official statement said. The new rule which allows any authorized employee of the business to sign pleadings, covers not just companies, but also other legal forms such as partnerships and limited liability partnerships. The documents before CCI should also include a copy of the authorization given to the employee to endorse the pleadings, the regulator said. Earlier, the regulator had given time till end of June to submit hard copies of electronic filings made till end of March 2021. Parties have now been given extra time till end of July to meet this requirement, CCI said in a separate statement.

Source: Mint July 04, 2021 12:22 UTC