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        F. Acts / Amendment Acts

        Section 29 - Amendment of section 43

        Competition (Amendment) Act, 2023

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        Penalty substitution changes 'punishable with fine' language to 'liable to a penalty' under competition law. Amendment of section 43 replaces the words 'shall be punishable with fine' with 'shall be liable to a penalty', shifting the provision's language toward a penalty-based regime; enacted by the Competition (Amendment) Act, 2023 and brought into force by notification dated 18-05-2023.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Penalty substitution changes 'punishable with fine' language to 'liable to a penalty' under competition law.

                              Amendment of section 43 replaces the words "shall be punishable with fine" with "shall be liable to a penalty", shifting the provision's language toward a penalty-based regime; enacted by the Competition (Amendment) Act, 2023 and brought into force by notification dated 18-05-2023.


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