A show-cause notice under the Companies Act is issued when the Competition Commission of India (CCI) suspects certain violations of the Competition Act. CCI ensures that no business strategies hamper the competition in the industry. Masterbrains consultants have the expertise to reply to the show-cause notices issued under The Competition Act, 2002.
Masterbrains has empaneled professionals with a rich experience in Competition Act Litigation. We at Masterbrains know that litigation is a mind-numbing process. So, to make the process simpler we will identify the experts to represent your case before the Competition Commission of India (CCI) or High Court or any other relevant authority. Masterbrains consultants will also prepare/research the case for representation.
Masterbrains consultants shall conduct a health check-up of existing business practices. Such health check-ups will ensure that no violations occurred or are occurring while following current business practices. It is best to be cautious as any violation of the provisions of the Competition Act may result into litigation for the company. Masterbains experts ensure business compliance of the Competition Act and will also advice on the relevant changes to business practices to ensure such compliance.
Prevention is better than cure. An entity may be Competition Act compliant at present; however, any proposed business model/ transaction may violate it. Such violation may cause lengthy and costly litigations for the business. To prevent such litigations, our experts will analyse the said business model or business transaction for any probable violations entailed. Masterbrains consultants will ensure business compliance under Competition Act for prospective transactions, business decisions, and business models.