Regulatory laws

OBJECTIVE
Economic Liberalization in India made many changes regulating public and private equally. The regulatory authorities are part of the executive branch of government and posses all nature of control with them. There are legislations relating to regulatory authority like health, safety, quality and quantity. This course primarily covers the legislations to deal with regulation in consumer interest and economic wealth of the country. Lawyers in coimbatore provide legal service on regulatory laws.

1.INTRODUCTION
Theories of regulation – Public interest theories – Private interest theories – Institutionalised theories – Regulation beyond the State.

2.COMPETITION ACT
The Competition Act, 2002 – Anti competitive agreement – Dominant position – Regulation of combination – Competition Commission of India – Duties, powers and functions – Penalties.

3.THE TELECOM REGULATORY AUTHORITY OF INDIA ACT
TRAI Act, 1997 – Establishment and incorporation of TRAI – Powers and function of authority – Settlement of dispute Amendment in 2000.

4.THE ELECTRICITY ACT
Electricity Act, 2003 – Licensing – National electricity policy and plan – Central electricity authority – Regulatory commissions – Powers – State Commissions – Tamil Nadu Electricity (Reorganisation and reforms) Transfer Scheme 2010.

5.PENSION FUND AND DEVELOPMENT REGULATORY AUTHORITY ACT
PFDRA – Powers and functions.

Books Prescribed:
1. Bronwen Morgan – An Introduction to Law and Regulation.
2. S.P.Sathe – Administrative Law
3. The Telecom Revolution in India: Technology, Regulation and Policy – By Indian Institute of Management, Bangalore (IIMB)
4. Sarkar and Bhatnagar – Law of Electricity in India.
5. TRAI – Consumers’ Handbook on Telecommunications.
6. A.C. Fernando – Business Ethics: An Indian Perspective.
7. Sarkriya D. – SEBI and Securities Market in India.
8. Avatar Singh – Competition Law.