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        F. Acts / Amendment Acts

        Section 31 - Amendment of section 44

        Competition (Amendment) Act, 2023

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        Penalty threshold increase for section 44 raises the minimum statutory penalty level under the Competition Amendment Act. The Competition (Amendment) Act, 2023 substitutes the words 'rupees one crore' with 'rupees five crore' in section 44 of the principal Act, thereby raising the monetary threshold set by that provision; the amendment came into force by notification effective 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 threshold increase for section 44 raises the minimum statutory penalty level under the Competition Amendment Act.

                              The Competition (Amendment) Act, 2023 substitutes the words "rupees one crore" with "rupees five crore" in section 44 of the principal Act, thereby raising the monetary threshold set by that provision; the amendment came into force by notification effective 18-05-2023.


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