Restriction on employment of Chairperson and other Members in certain cases

12. The Chairperson and other Members shall not, for a period of 1[two years] from the date on which they cease to hold office, accept any employment in, or connected with the management or administration of, any enterprise which has been a party to a proceeding before the Commission under this Act:

Provided that nothing contained in this section shall apply to any employment under the Central Government or a State Government or local authority or in any statutory authority or any corporation established by or under any Central, State or Provincial Act or a Government company as defined in section 617 of the Companies Act, 1956 (1 of 1956).


1.  Subs. by Competition (Amendment) Act, 2007 for “one year”