Institute Of Chartered Accountants Of India V. The Competition Commission Of India And Ors.
While setting aside an order passed by the CCI directing the DG to investigate into the Continuing Professional Education (CPE) program of the ICAI, the Court stated that the CCI cannot act as an appellate court against decisions of statutory regulators which are not interfaced with trade or commerce. Further, the CCI cannot compel a statutory body to outsource its functions.
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