Fee on interlocutory applications ranges from ₹500 to ₹5,000 depending on the applicant.
In a significant move to ensure speedy disposal of cases, the Competition Commission of India (CCI) has proposed a new set of regulations, including the introduction of fees for filing various miscellaneous applications. This proposal is aimed at streamlining the processes and reducing unnecessary delays in the proceedings.
The new regulations will involve levying fees for applications that seek adjournments, extensions, cross-examinations, the establishment of confidentiality rings, third-party applications and impleadment applications. This change is expected to discourage frivolous or unnecessary applications, thereby facilitating a more efficient handling of cases.
By imposing these fees, the Commission aims to deter parties from making superfluous requests that can prolong the resolution of cases. This move is anticipated to bring about a more disciplined approach to the proceedings before the Commission, thus contributing to the quicker resolution of competition law disputes.
Source: Hindu Business Line
