The Competition Commission of India (CCI) has approached the Supreme Court seeking the transfer of 24 pending writ petitions. Consider the following statements regarding the Competition Commission of India (CCI):
1. It is a statutory body established under the Competition Act, 2002.
2. It oversees the implementation of the Companies Act, 2013, to regulate mergers and acquisitions.
3. It has the authority to impose penalties and issue directives to ensure compliance with the Competition Act, 2002.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3