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of <h1>Enterprises Can Settle Competition Act Violations Pre-Order Under Section 48A; Process Includes Objections, Settlement Non-Appealable.</h1> Section 48A of the Competition Act, 2002, allows enterprises under inquiry for contraventions of certain sections to apply for settlement with the Commission. Applications can be submitted after the Director General's report but before an order under sections 27 or 28. The Commission considers the nature and impact of contraventions and may agree to a settlement with specified terms. During this process, parties can submit objections or suggestions. If no agreement is reached, the application is rejected, and the inquiry continues. Settlement orders are not appealable, and all realized amounts are credited to the Consolidated Fund of India.
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