What is the significance of the phrase "regulating procedure or the conduct of business" in Article 122?
The phrase "regulating procedure or the conduct of business" in Article 122 refers to the power vested upon certain officers and members of Parliament to oversee and manage various aspects of parliamentary proceedings, including setting rules and guidelines for how debates and discussions are conducted, as well as maintaining order among its members. This authority is provided by or under the Indian Constitution, ensuring that these individuals can carry out their duties without being subjected to the jurisdiction of any court in respect of the exercise of those powers.