GENERAL11 Sept 2026
The word control had become anathema for us in 1991: Sudha Pillai
In 1991, Sudha Pillai was a joint secretary in the Department of Company Affairs. She helped amend the MRTP law at a time when the word "control" had become unwelcome in India's reforms. She now says the CCI could have done more to curb concentration, and social protection should have been given more importance. This matters because it reminds us how reforms balance growth with safeguards.
Key Statutory Highlights
- Sudha Pillai was joint secretary in the Department of Company Affairs in 1991 and was actively involved in amending the MRTP law.
- She says the word control had become anathema for policymakers during the 1991 reforms.
- In her view, the CCI could have done more to curb concentration, and social protection should have featured more prominently in the reforms.
Actionable Advice for Taxpayers / Founders:If your business operates in a market with few large players, keep your pricing and market-share records organised and watch for any competition policy changes. For advice on your specific position, speak to a CA or competition lawyer before acting.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: