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        Law of Competition

        Regulation 6 - Issuance of recovery certificate

        CCI (Manner Of Recovery Of Monetary Penalty) Regulations, 2011

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        Recovery certificate issuance establishes a time-limited deposit obligation and permits correction of clerical errors by the regulator. A recovery certificate is issued through the Secretary for execution by the recovery officer in Form III when an enterprise is in default, specifying the penalty and interest, the modes of recovery, and a fifteen-day period for deposit; the Commission may rectify clerical or arithmetical mistakes in the certificate or extend the time for payment.
                          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.

                                Recovery certificate issuance establishes a time-limited deposit obligation and permits correction of clerical errors by the regulator.

                                A recovery certificate is issued through the Secretary for execution by the recovery officer in Form III when an enterprise is in default, specifying the penalty and interest, the modes of recovery, and a fifteen-day period for deposit; the Commission may rectify clerical or arithmetical mistakes in the certificate or extend the time for payment.


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